ParcelLens
Property Intelligence · Twin Cities
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Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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.
No permits found in Minneapolis open data for this parcel.
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 55401
Source: Redfin Data Center (Invalid Date) · Zip 55401
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 171 ISLAND AVE E MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | RESIDENTIAL | $0 | 57 ft |
| 163 ISLAND AVE E MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | RESIDENTIAL | $0 | 65 ft |
| 175 ISLAND AVE E MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | RESIDENTIAL | $0 | 96 ft |
| 171 NICOLLET ST MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | VACANT LAND-RESIDENTIAL | $0 | 109 ft |
| 27 MAPLE PL MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | RESIDENTIAL | $0 | 111 ft |
| 206 ISLAND AVE E MINNEAPOLIS MN 55401 | CITY OF MPLS PARK BOARD | COMMERCIAL-PREFERRED | $0 | 148 ft |
| 167 NICOLLET ST MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | APARTMENT | $0 | 167 ft |
| MN | Unknown | — | — | 167 ft |
| MN | Unknown | — | — | 167 ft |
| MN | Unknown | — | — | 167 ft |
Current Tax Year