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 ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2022 · Most recent: Mar 2026 (res)
Warners Stellian Co Inc
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 214 40TH ST W MINNEAPOLIS MN 55409 | J P SAUER & J L SAUER | RESIDENTIAL | $345,700 | 49 ft |
| 226 40TH ST W MINNEAPOLIS MN 55409 | MARY W MASON | RESIDENTIAL | $239,100 | 58 ft |
| 210 40TH ST W MINNEAPOLIS MN 55409 | DANIEL G OLSON | RESIDENTIAL | $359,200 | 87 ft |
| 230 40TH ST W MINNEAPOLIS MN 55409 | MACKLAN BLANKENSHIP | RESIDENTIAL-TWO UNIT | $458,500 | 107 ft |
| 3945 PLEASANT AVE MINNEAPOLIS MN 55409 | JARRIN M JAMBIK | RESIDENTIAL | $433,000 | 119 ft |
| 204 40TH ST W MINNEAPOLIS MN 55409 | DENNIS A DARNICK ETAL | RESIDENTIAL | $364,300 | 126 ft |
| 3944 PILLSBURY AVE MINNEAPOLIS MN 55409 | ANNA CARDINAL & GLENN FISHER | RESIDENTIAL | $384,100 | 134 ft |
| 234 40TH ST W MINNEAPOLIS MN 55409 | RLT PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $556,000 | 145 ft |
| 3941 PLEASANT AVE MINNEAPOLIS MN 55409 | PAUL R CARLSON | RESIDENTIAL-TWO UNIT | $572,600 | 149 ft |
| 3940 PILLSBURY AVE MINNEAPOLIS MN 55409 | MARHTA & JAN RODOLFO | RESIDENTIAL | $447,700 | 162 ft |