ParcelLens
Property Intelligence · Twin Cities
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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.
2 permits on record since 2026 · $25K total declared value · Most recent: May 2026 (commercial minor)
Sweet's Home Solutions LLC
Binder Heating and Air Conditioning Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Bancroft · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 96
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Residential Mixed-Use 1 — low-density mixed residential
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 2,961 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3841 CHICAGO AVE MINNEAPOLIS MN 55407 | JOHN BLY | RESIDENTIAL | $340,300 | 43 ft |
| 3849 CHICAGO AVE MINNEAPOLIS MN 55407 | REESE VALENTINE/DYLAN FRESE | RESIDENTIAL-TWO UNIT | $378,800 | 44 ft |
| 3837 CHICAGO AVE MINNEAPOLIS MN 55407 | MICHAEL PAUL OLSON | RESIDENTIAL | $263,200 | 83 ft |
| 3853 CHICAGO AVE MINNEAPOLIS MN 55407 | KEITH BEYER & BETHANY BEYER | RESIDENTIAL | $222,000 | 86 ft |
| 3833 CHICAGO AVE MINNEAPOLIS MN 55407 | MAX T ASTELL/JESSICA L NIMM | RESIDENTIAL | $248,800 | 126 ft |
| 3844 ELLIOT AVE MINNEAPOLIS MN 55407 | C D THOMPSON & C E BERG | RESIDENTIAL | $341,500 | 134 ft |
| 3840 ELLIOT AVE MINNEAPOLIS MN 55407 | P S ZEFTEL & P M IVES | RESIDENTIAL | $233,000 | 140 ft |
| 3848 ELLIOT AVE MINNEAPOLIS MN 55407 | B A SIEJKO & K Z KIEJKO | RESIDENTIAL | $268,300 | 141 ft |
| 3836 ELLIOT AVE MINNEAPOLIS MN 55407 | C SPENCER & B SCHUNEMAN | RESIDENTIAL | $310,000 | 158 ft |
| 3852 ELLIOT AVE MINNEAPOLIS MN 55407 | N AREVALO & A VILLAGRANA | RESIDENTIAL-TWO UNIT | $487,000 | 159 ft |
Most Recent Sale
Current Tax Year