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.
23 permits on record since 2000 · $14.2M total declared value · Most recent: May 2023 (commfdrr)
Modern Heating & Air Conditioning LLC
Steinkraus Plumbing Inc
MISSION CONSTRUCTION
Albers Mechanical Contractors, Inc.
THE POVOLNY GROUP
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 1261.01
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 |
|---|---|---|---|---|
| 517 1ST ST S MINNEAPOLIS MN 55401 | BHP COMPANY LLC | COMMERCIAL-PREFERRED | $1,890,000 | 185 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | DYANNE R DRAKE TRUST ET AL | CONDOMINIUM | $393,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | DYANNE R DRAKE REV TR ETAL | CONDOMINIUM | $359,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | TIMOTHY M & K K WITCZAK TRST | CONDOMINIUM | $438,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | THE MARY K HOPKINS TRUST | CONDOMINIUM | $404,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | THE WILLIAM P HOPKINS TRUST | CONDOMINIUM | $451,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | ZAVADIL LIMITED PARTNERSHIP | CONDOMINIUM | $1,087,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | T MCCLENAHAN/K MCCLENAHAN | CONDOMINIUM | $799,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | MELINDA PETTIGREW ET AL | CONDOMINIUM | $776,000 | 191 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | JENNIFER SHAFFER | CONDOMINIUM | $556,000 | 191 ft |
Current Tax Year