ParcelLens
Property Intelligence · Twin Cities
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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.
9 permits on record since 2018 · $34K total declared value · Most recent: Feb 2020 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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.
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
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 5,915 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3942 ELLIOT AVE MINNEAPOLIS MN 55407 | STEVEN FELDMAN | APARTMENT | $521,000 | 75 ft |
| 4000 ELLIOT AVE MINNEAPOLIS MN 55407 | MORGEN CHANG & BRYAN PYLE | RESIDENTIAL | $249,000 | 128 ft |
| 3953 CHICAGO AVE MINNEAPOLIS MN 55407 | MILES F PALEN-KIPPER | RESIDENTIAL-TWO UNIT | $466,500 | 136 ft |
| 3949 CHICAGO AVE MINNEAPOLIS MN 55407 | SUBIR SHRESTHA & R SHRESTHA | RESIDENTIAL | $403,000 | 136 ft |
| 3936 ELLIOT AVE MINNEAPOLIS MN 55407 | VANNESSA HARPER-WHITE ET AL | RESIDENTIAL-TWO UNIT | $434,600 | 139 ft |
| 3945 CHICAGO AVE MINNEAPOLIS MN 55407 | MICHAEL A LEVY | RESIDENTIAL | $269,800 | 148 ft |
| 4004 ELLIOT AVE MINNEAPOLIS MN 55407 | S B TROY & N K ROCKSWOLD | RESIDENTIAL | $294,900 | 169 ft |
| 3953 ELLIOT AVE MINNEAPOLIS MN 55407 | ELLIOT CAPITAL LLC | APARTMENT | $77,500 | 185 ft |
| 3949 ELLIOT AVE MINNEAPOLIS MN 55407 | ELLIOT CAPITAL LLC | APARTMENT | $517,000 | 185 ft |
| 3939 CHICAGO AVE MINNEAPOLIS MN 55407 | NATHAN L OFFICER | CONDOMINIUM | $78,000 | 185 ft |
Most Recent Sale
Current Tax Year