On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2022 · Most recent: Feb 2025 (existres)
Ray N Welter Heating Co
Ray N Welter Heating Co
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Page · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1116
Zip code 55417
Source: Redfin Data Center (Invalid Date) · Zip 55417
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 3-story wood frame (5–12 units) benchmarks for 4,578 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5118 CHICAGO AVE MINNEAPOLIS MN 55417 | MATTHEW J SCOTT | RESIDENTIAL-TWO UNIT | $453,200 | 55 ft |
| 5122 CHICAGO AVE MINNEAPOLIS MN 55417 | ERIC FRANK/LAUREN LUSSENHOP | RESIDENTIAL | $377,000 | 95 ft |
| 739 51ST ST E MINNEAPOLIS MN 55417 | ANTHONY M & ABIGAIL JOHNSON | RESIDENTIAL | $755,000 | 99 ft |
| 735 51ST ST E MINNEAPOLIS MN 55417 | R J MATLOCK ET AL TR SUB/L E | RESIDENTIAL | $725,000 | 108 ft |
| 745 51ST ST E MINNEAPOLIS MN 55417 | KIMBERLY M VASHRO | RESIDENTIAL | $415,000 | 119 ft |
| 5126 CHICAGO AVE MINNEAPOLIS MN 55417 | KAREN MARIE LEE | RESIDENTIAL | $406,000 | 135 ft |
| 731 51ST ST E MINNEAPOLIS MN 55417 | M KUNTZ & J KUNTZ | RESIDENTIAL | $713,000 | 143 ft |
| 5117 COLUMBUS AVE MINNEAPOLIS MN 55417 | M P HEYMANS & Y MIYAHIRA | RESIDENTIAL | $483,700 | 147 ft |
| 5121 COLUMBUS AVE MINNEAPOLIS MN 55417 | J L FUGATE & M L FUGATE | RESIDENTIAL | $477,600 | 172 ft |
| 5130 CHICAGO AVE MINNEAPOLIS MN 55417 | J ALAN KERN & A ROSE FULTON | RESIDENTIAL | $343,000 | 175 ft |
Most Recent Sale
Current Tax Year