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.
9 permits on record since 2017 · $18.7M total declared value · Most recent: Oct 2023 (remodel)
CLEAN RESPONSE INC
INNOVATIVE POWER SYSTEMS INC
SR Mechanical Inc
SR Mechanical Inc
FIRESIDE HEARTH AND HOME
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1262.02
Zip code 55401
Source: Redfin Data Center (Invalid Date) · Zip 55401
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 711 1ST ST N MINNEAPOLIS MN 55401 | NW BUILDING LLC | LAND-COMMERCIAL | $2,253,500 | 119 ft |
| 709 1ST ST N MINNEAPOLIS MN 55401 | MINNESOTA OPERA | LAND-COMMERCIAL | $0 | 207 ft |
| 705 1ST ST N MINNEAPOLIS MN 55401 | MINNESOTA OPERA COMPANY | LAND-COMMERCIAL | $0 | 242 ft |
| 724 1ST ST N MINNEAPOLIS MN 55401 | 724 OFFICE ASSOCIATES LLC | APARTMENT | $8,868,300 | 291 ft |
| 728 1ST ST N MINNEAPOLIS MN 55401 | 724 OFFICE ASSOCIATES LLC | VACANT LAND-APARTMENT | $273,800 | 311 ft |
| 716 1ST ST N MINNEAPOLIS MN 55401 | ELIZABETH VOGT/MATTHEW VOGT | CONDOMINIUM | $494,000 | 314 ft |
| 716 1ST ST N MINNEAPOLIS MN 55401 | HANNAH B KOHRS | CONDOMINIUM | $296,000 | 314 ft |
| 716 1ST ST N MINNEAPOLIS MN 55401 | LORI NUSTVOLD & WENDY LARSON | CONDOMINIUM | $327,000 | 314 ft |
| 716 1ST ST N MINNEAPOLIS MN 55401 | RICHARD D RUBENSTEIN | CONDOMINIUM | $364,000 | 314 ft |
| 716 1ST ST N MINNEAPOLIS MN 55401 | RHT HOLDING CO LLC | CONDOMINIUM | $263,000 | 314 ft |
Most Recent Sale
Current Tax Year