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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
4 permits on record since 2017 · $65K total declared value · Most recent: Nov 2023 (commfdrr)
Patton Heating And Air Conditioning Inc
Kirk A Hokanson
Erik Nelson Plumbing LLC
KIRK HOKANSON
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Holland · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1018
Zip code 55418
Source: Redfin Data Center (Invalid Date) · Zip 55418
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,422 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2544 4TH ST N E MINNEAPOLIS MN 55418 | JORDAN BARR | RESIDENTIAL | $349,600 | 47 ft |
| 2542 4TH ST N E MINNEAPOLIS MN 55418 | S R SOLEM & A L SOLEM | RESIDENTIAL | $368,300 | 103 ft |
| 2538 4TH ST N E MINNEAPOLIS MN 55418 | J KLEEBERGER & M L BARNES | RESIDENTIAL | $202,100 | 144 ft |
| 2534 4TH ST N E MINNEAPOLIS MN 55418 | MICHAEL WESTON | RESIDENTIAL | $270,200 | 179 ft |
| 2547 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | M A G PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $297,000 | 187 ft |
| 2543 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | M R SHIMON & A E MCCABE | RESIDENTIAL | $228,800 | 191 ft |
| 2539 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | KATHERINE GORDON/KEEFE FARR | RESIDENTIAL | $225,800 | 205 ft |
| 2530 4TH ST N E MINNEAPOLIS MN 55418 | LAUREL E TUREK | RESIDENTIAL | $321,600 | 225 ft |
| 2535 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | GREGORZ KRAS | RESIDENTIAL-TWO UNIT | $395,200 | 236 ft |
| 2545 4TH ST N E MINNEAPOLIS MN 55418 | CHRIS SCHLICHTING | RESIDENTIAL | $207,000 | 244 ft |
Most Recent Sale
Current Tax Year