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.
6 permits on record since 2017 · $15K total declared value · Most recent: Apr 2026 (remodel)
RENOVATE REMODELING
4Front Energy Solutions Inc
Weld and Sons Plumbing Inc
RENOVATE REMODELING
NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Sheridan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 24
Zip code 55413
Source: Redfin Data Center (Invalid Date) · Zip 55413
Urban Neighborhood 3 — medium-density 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 4,249 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1513 2ND ST N E MINNEAPOLIS MN 55413 | CAROLINE M RUTZ | RESIDENTIAL-TWO UNIT | $341,400 | 38 ft |
| 1507 2ND ST N E MINNEAPOLIS MN 55413 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 44 ft |
| 1517 2ND ST N E MINNEAPOLIS MN 55413 | AMY C STERNBERG | RESIDENTIAL-TWO UNIT | $370,100 | 72 ft |
| 1501 2ND ST N E MINNEAPOLIS MN 55413 | MARIAH F SOBCZAK | RESIDENTIAL | $351,400 | 94 ft |
| 1519 2ND ST N E MINNEAPOLIS MN 55413 | HERMAN CAPITAL PTNRS II LLC | RESIDENTIAL | $240,000 | 104 ft |
| 1527 2ND ST N E MINNEAPOLIS MN 55413 | BRUCE J MCGUIRE | RESIDENTIAL | $323,200 | 157 ft |
| 1506 3RD ST N E MINNEAPOLIS MN 55413 | ISAC KAUTTO | RESIDENTIAL-TWO UNIT | $451,600 | 165 ft |
| 1516 3RD ST N E MINNEAPOLIS MN 55413 | B JOHNSON & D JOHNSON | RESIDENTIAL-TWO UNIT | $452,800 | 173 ft |
| 210 16TH AVE N E MINNEAPOLIS MN 55413 | JAMES HAYDEN SODERBERG | RESIDENTIAL | $292,700 | 179 ft |
| 1500 3RD ST N E MINNEAPOLIS MN 55413 | ADAM HARDING | RESIDENTIAL-TWO UNIT | $494,000 | 184 ft |
Most Recent Sale
Current Tax Year