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.
No permits found in Minneapolis open data for this parcel.
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 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 |
|---|---|---|---|---|
| 265 PORTLAND AVE MINNEAPOLIS MN 55415 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 0 ft |
| 260 PORTLAND AVE MINNEAPOLIS MN 55415 | PORTLAND AT THIRD LP | LOW INCOME RENTAL | $8,410,000 | 0 ft |
| 268 PORTLAND AVE MINNEAPOLIS MN 55415 | PORTLAND AT THIRD LP | LOW INCOME RENTAL | $5,910,000 | 0 ft |
| 254 PORTLAND AVE MINNEAPOLIS MN 55415 | 02 MINNEAPOLIS LLC | APARTMENT | $1,760,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 519 WASHINGTON AVE S MINNEAPOLIS MN 55415 | SHAMP & ASSOCIATES LLC | LAND-COMMERCIAL | $198,000 | 145 ft |
| 517 WASHINGTON AVE S MINNEAPOLIS MN 55415 | SHAMP & ASSOCIATES LLC | LAND-COMMERCIAL | $198,000 | 149 ft |
| 515 WASHINGTON AVE S MINNEAPOLIS MN 55415 | SHAMP & ASSOCIATES LLC | COMMERCIAL-NON PREFERRED | $710,000 | 156 ft |
| 513 WASHINGTON AVE S MINNEAPOLIS MN 55415 | SHAMP & ASSOCIATES LLC | COMMERCIAL-PREFERRED | $490,000 | 166 ft |
| 501 WASHINGTON AVE S MINNEAPOLIS MN 55415 | 501 WASHINGTON MINN LP | COMMERCIAL-NON PREFERRED | $3,495,000 | 184 ft |
Current Tax Year