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 ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2019 · Most recent: Jan 2019 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Marcy Holmes · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 38.01
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 5,437 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 718 4TH ST S E MINNEAPOLIS MN 55414 | JADEN PLACE LLC | APARTMENT | $784,000 | 52 ft |
| 712 4TH ST S E MINNEAPOLIS MN 55414 | 1202 COMO SE LLC ET AL | APARTMENT | $1,471,000 | 60 ft |
| 325 8TH AVE S E MINNEAPOLIS MN 55414 | 8TH ON CAMPUS LLC | LOW INCOME RENTAL | $1,824,000 | 118 ft |
| 700 4TH ST S E MINNEAPOLIS MN 55414 | 702 FOURTH STREET LLC | APARTMENT | $767,000 | 133 ft |
| 715 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | IRVING PROPERTIES INC | APARTMENT | $1,004,000 | 166 ft |
| 717 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SELA INVESTMENTS LLP | APARTMENT | $2,153,000 | 170 ft |
| 707 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 707 UNIVERSITY AVE LLC | APARTMENT | $1,777,000 | 181 ft |
| 701 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SELA INVESTMENTS LTD LLP | LOW INCOME RENTAL | $1,110,000 | 216 ft |
| 727 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SELA INVESTMENTS LLP | LOW INCOME RENTAL | $1,813,000 | 227 ft |
| 401 8TH AVE S E MINNEAPOLIS MN 55414 | THE ELYSIAN LLC | APARTMENT | $15,200,000 | 257 ft |
Most Recent Sale
Current Tax Year