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.
19 permits on record since 2002 · $2.2M total declared value · Most recent: Apr 2020 (remodel)
FIXED ASSETS
MOORHEAD MACHINERY AND BOILER CO
Hayes Mechanical LLC
DELLY CONSTRUCTION
DELLY CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02
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 |
|---|---|---|---|---|
| 115 4TH ST S MINNEAPOLIS MN 55401 | RCI HOLDINGS INC | COMMERCIAL-PREFERRED | $3,130,000 | 87 ft |
| 150 5TH ST S MINNEAPOLIS MN 55402 | FIFTH ST TOWERS PROP LLC | COMMERCIAL-NON PREFERRED | $50,590,000 | 177 ft |
| 409 MARQUETTE AVE MINNEAPOLIS MN 55401 | BAKER INVESTMENTS PTN I, LLC | COMMERCIAL-PREFERRED | $4,200,000 | 202 ft |
| 401 2ND AVE S MINNEAPOLIS MN 55401 | KHP IV MINNEAPOLIS LLC | COMMERCIAL-NON PREFERRED | $29,400,000 | 228 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | QWEST CORPORATION | COMMERCIAL-NON PREFERRED | $1,396,000 | 261 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | QWEST CORPORATION | COMMERCIAL-PREFERRED | $100,000 | 261 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | QWEST CORPORATION | COMMERCIAL-PREFERRED | $2,000 | 261 ft |
| MN | Unknown | — | — | 261 ft |
| 100 5TH ST S MINNEAPOLIS MN 55402 | FIFTH ST TOWERS PROP LLC | COMMERCIAL-PREFERRED | $36,630,000 | 267 ft |
| 331 2ND AVE S MINNEAPOLIS MN 55401 | 331 2ND AVE S NOV COWKG LLC | COMMERCIAL-PREFERRED | $4,891,600 | 310 ft |
Most Recent Sale
Current Tax Year