ParcelLens
Property Intelligence · Twin Cities
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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.
6 permits on record since 2022 · $115K total declared value · Most recent: Jan 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
McGuire Construction LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Bryn - Mawr · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1051
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
Urban Neighborhood 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 2,041 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 416 MORGAN AVE S MINNEAPOLIS MN 55405 | OUTER DOCK PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $2,700 | 41 ft |
| 418 MORGAN AVE S MINNEAPOLIS MN 55405 | STEADY PROPERTIES LLC | APARTMENT | $433,000 | 76 ft |
| 1901 LAUREL AVE W MINNEAPOLIS MN 55405 | CAITLIN R HAMROCK | RESIDENTIAL-TWO UNIT | $440,000 | 99 ft |
| 1905 LAUREL AVE W MINNEAPOLIS MN 55405 | SAMUEL T RAPSON | RESIDENTIAL-TWO UNIT | $373,800 | 110 ft |
| 402 MORGAN AVE S MINNEAPOLIS MN 55405 | LOWERTOWN HIST FUND CO LLC | RESIDENTIAL | $913,000 | 117 ft |
| 424 MORGAN AVE S MINNEAPOLIS MN 55405 | M C HURD & K T KLEPINSKI | RESIDENTIAL-TWO UNIT | $601,700 | 129 ft |
| 1911 LAUREL AVE W MINNEAPOLIS MN 55405 | BRANDON SMITH & SENJA LOPAC | RESIDENTIAL | $694,000 | 145 ft |
| 426 MORGAN AVE S MINNEAPOLIS MN 55405 | JOEL C MCLAY | RESIDENTIAL-TWO UNIT | $508,300 | 178 ft |
| 1921 LAUREL AVE W MINNEAPOLIS MN 55405 | DAVID LIEDER RESNICK | RESIDENTIAL-TWO UNIT | $507,800 | 211 ft |
| 432 MORGAN AVE S MINNEAPOLIS MN 55405 | ANDREW K LESTRUD | RESIDENTIAL | $517,400 | 228 ft |
Most Recent Sale
Current Tax Year