ParcelLens
Property Intelligence · Twin Cities
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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.
7 permits on record since 2012 · $901K total declared value · Most recent: Feb 2026 (commfdnr)
W N Webster Inc
W N Webster Inc
Lake Area Plumbing Inc
Anthony Valesano
SANDSTONE REMODELING LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Nicollet Island - East Bank · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1036
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Most Recent Sale
Current Tax Year
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 |
|---|---|---|---|---|
| 505 HENNEPIN AVE E MINNEAPOLIS MN 55414 | LAZAROS CHRISTOFORIDES TRUST | RESIDENTIAL | $818,000 | 59 ft |
| 501 HENNEPIN AVE E MINNEAPOLIS MN 55414 | ARSENIO J THUNSTROM | COMMERCIAL-PREFERRED | $808,500 | 103 ft |
| 13 5TH ST N E MINNEAPOLIS MN 55413 | LAZAROS CHRISTOFORIDES TRUST | APARTMENT | $2,166,000 | 128 ft |
| 20 6TH ST N E MINNEAPOLIS MN 55413 | IRET-RED 20 LLC | APARTMENT | $26,820,000 | 184 ft |
| 519 HENNEPIN AVE E MINNEAPOLIS MN 55414 | MERLE R VAGLE | COMMERCIAL-NON PREFERRED | $152,000 | 188 ft |
| 514 HENNEPIN AVE E MINNEAPOLIS MN 55414 | PAUL S JABLONSKY | COMMERCIAL-PREFERRED | $411,000 | 214 ft |
| 506 CENTRAL AVE S E MINNEAPOLIS MN 55414 | RAMEZ VENTURES LLC | LAND-COMMERCIAL | $286,700 | 218 ft |
| 500 1ST AVE N E MINNEAPOLIS MN 55413 | THE THIRD NW NATL BANK | LAND-COMMERCIAL | $433,100 | 220 ft |
| 518 HENNEPIN AVE E MINNEAPOLIS MN 55414 | PAUL S JABLONSKY | COMMERCIAL-PREFERRED | $834,000 | 230 ft |
| 500 CENTRAL AVE S E MINNEAPOLIS MN 55414 | RAMEZ VENTURES LLC | COMMERCIAL-PREFERRED | $1,023,000 | 255 ft |