ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2012 · $64K total declared value · Most recent: May 2012 (building re-inspection)
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 55415
Source: Redfin Data Center (Invalid Date) · Zip 55415
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 |
|---|---|---|---|---|
| 320 3RD ST S MINNEAPOLIS MN 55415 | DRAKE BANK | LAND-COMMERCIAL | $255,000 | 78 ft |
| 318 3RD ST S MINNEAPOLIS MN 55415 | ALATUS PRESSBOX LAND LLC | LAND-COMMERCIAL | $785,000 | 95 ft |
| 322 3RD ST S MINNEAPOLIS MN 55415 | MCNULTY PROPERTIES LLC | COMMERCIAL-PREFERRED | $495,000 | 106 ft |
| 247 3RD AVE S MINNEAPOLIS MN 55415 | DRAKE BANK | COMMERCIAL-PREFERRED | $1,828,300 | 111 ft |
| 300 3RD ST S MINNEAPOLIS MN 55415 | RCI HOLDINGS INC | COMMERCIAL-PREFERRED | $1,814,000 | 115 ft |
| 328 3RD ST S MINNEAPOLIS MN 55415 | ALATUS PRESSBOX LAND LLC | COMMERCIAL-NON PREFERRED | $746,000 | 144 ft |
| 301 WASHINGTON AVE S MINNEAPOLIS MN 55415 | MN MILL DISTRICT APTS LLC | APARTMENT | $61,970,000 | 170 ft |
| 310 4TH AVE S MINNEAPOLIS MN 55415 | TRELLIS FLOUR EXCH ACQ LLC | COMMERCIAL-PREFERRED | $3,840,000 | 269 ft |
| 300 4TH ST S MINNEAPOLIS MN 55415 | THE UNITED STATES OF AMERICA | COMMERCIAL-PREFERRED | $0 | 336 ft |
| 301 4TH AVE S MINNEAPOLIS MN 55415 | MGEX REAL ESTATE HLDGS LLC | COMMERCIAL-NON PREFERRED | $2,554,200 | 390 ft |
Most Recent Sale
Current Tax Year