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.
13 permits on record since 2009 · $19.7M total declared value · Most recent: Oct 2026 (remodel)
STEVENS CONSTRUCTION CORP
WENZEL HEATING AND AIR CONDITIONING
WENZEL HEATING AND AIR CONDITIONING
NBP
Wenzel-Plymouth Plumbing LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Downtown East · 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 2 — downtown frame 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 |
|---|---|---|---|---|
| 200 PARK AVE MINNEAPOLIS MN 55415 | H RAYFORD & E M RAYFORD | CONDO GARAGE/MISCELLANEOUS | $7,000 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | KAREN P WALD TRUST | CONDO GARAGE/MISCELLANEOUS | $12,500 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | CLAIRE KELLY | CONDO GARAGE/MISCELLANEOUS | $12,500 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | RYAN K BICKLER | CONDO GARAGE/MISCELLANEOUS | $12,500 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | A L BITTER & L M PARKER | CONDOMINIUM | $690,000 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | DAVID S FRIES REVOC TRUST | CONDOMINIUM | $809,000 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | RYAN K BICKLER | CONDOMINIUM | $710,000 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | RYAN M NODLAND | CONDOMINIUM | $801,000 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | KEVIN C SMITH | CONDOMINIUM | $811,000 | 150 ft |
| 200 PARK AVE MINNEAPOLIS MN 55415 | PENELOPE A HUNT | CONDOMINIUM | $753,000 | 150 ft |
Current Tax Year