Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
King Field · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1099
Zip code 55409
Source: Redfin Data Center (Invalid Date) · Zip 55409
Urban Neighborhood 1 — low-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on sfr / adu benchmarks for 4,777 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3947 1ST AVE S MINNEAPOLIS MN 55409 | AFFORDABLE GREEN HOMES LLC | APARTMENT | $726,900 | 60 ft |
| 3943 1ST AVE S MINNEAPOLIS MN 55409 | SCIOTO PROPERTIES SP 16 LLC | RESIDENTIAL-TWO UNIT | $500,300 | 108 ft |
| 3954 STEVENS AVE MINNEAPOLIS MN 55409 | MICHELLE CAROL LIPETZKY | RESIDENTIAL-TWO UNIT | $446,800 | 144 ft |
| 3950 STEVENS AVE MINNEAPOLIS MN 55409 | DIANE R NORDQUIST | RESIDENTIAL | $276,700 | 146 ft |
| 3939 1ST AVE S MINNEAPOLIS MN 55409 | W C KOPP & E M SEXTON | RESIDENTIAL | $378,000 | 147 ft |
| 3946 STEVENS AVE MINNEAPOLIS MN 55409 | JOHN H JACOBSON JR | RESIDENTIAL-TWO UNIT | $317,600 | 159 ft |
| 3942 STEVENS AVE MINNEAPOLIS MN 55409 | TODD BAKER | RESIDENTIAL | $199,300 | 180 ft |
| 3935 1ST AVE S MINNEAPOLIS MN 55409 | TYLER O'BRIEN/JENNIFER KIM | RESIDENTIAL | $435,000 | 188 ft |
| 14 40TH ST E MINNEAPOLIS MN 55409 | ERIC G WALASEK ETAL JT RV TR | TRIPLEX | $586,700 | 189 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | JULIA ARANA | CONDOMINIUM | $206,000 | 194 ft |
Most Recent Sale
Current Tax Year