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.
4 permits on record since 2021 · $18K total declared value · Most recent: Oct 2025 (misc)
Window Nation LLC
TEAM MECHANICAL INC
CenterPoint Energy Resource Corp
Safe Basements of MN
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 2,504 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4005 GRAND AVE S MINNEAPOLIS MN 55409 | W K RYAN & K L SCHEIRMANN TR | RESIDENTIAL | $408,800 | 42 ft |
| 4009 GRAND AVE S MINNEAPOLIS MN 55409 | CHERYL A CHAPMAN REV TRUST | RESIDENTIAL | $373,000 | 85 ft |
| 3957 GRAND AVE S MINNEAPOLIS MN 55409 | REBECCA E ARNOLDY | RESIDENTIAL-TWO UNIT | $424,700 | 117 ft |
| 4015 GRAND AVE S MINNEAPOLIS MN 55409 | THOMAS W PEDERSON | RESIDENTIAL | $341,800 | 127 ft |
| 4000 PLEASANT AVE MINNEAPOLIS MN 55409 | K R SKOGG & K C DRAKE | RESIDENTIAL | $436,400 | 139 ft |
| 4004 PLEASANT AVE MINNEAPOLIS MN 55409 | BARBRA ANN BERLOVITZ | RESIDENTIAL | $429,200 | 145 ft |
| 3955 GRAND AVE S MINNEAPOLIS MN 55409 | DEBRA A MCGOWAN | RESIDENTIAL | $363,900 | 153 ft |
| 4008 PLEASANT AVE MINNEAPOLIS MN 55409 | M A VICKERMAN/S H VICKERMAN | RESIDENTIAL | $420,100 | 162 ft |
| 4017 GRAND AVE S MINNEAPOLIS MN 55409 | DANIEL HEWLETTE | RESIDENTIAL | $435,700 | 169 ft |
| 310 40TH ST W MINNEAPOLIS MN 55409 | SHEILA E HUBBARD | RESIDENTIAL | $329,900 | 169 ft |
Most Recent Sale
Current Tax Year