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 2024 · $4K total declared value · Most recent: Oct 2024 (roofwind)
ASPEN EXTERIORS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lowry Hill · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1055
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 4,745 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1932 EMERSON AVE S MINNEAPOLIS MN 55403 | HALLETT PROPERTIES LLC | APARTMENT | $802,000 | 55 ft |
| 1924 EMERSON AVE S MINNEAPOLIS MN 55403 | EDGEWATER HOLDINGS LLC | LOW INCOME RENTAL | $1,435,000 | 61 ft |
| 1940 EMERSON AVE S MINNEAPOLIS MN 55403 | DAVID G MENTER | RESIDENTIAL-TWO UNIT | $516,000 | 100 ft |
| 1920 EMERSON AVE S MINNEAPOLIS MN 55403 | 1920 EMERSON LLC | APARTMENT | $701,000 | 124 ft |
| 1936 EMERSON AVE S MINNEAPOLIS MN 55403 | DAVID G MENTER | VACANT LAND-RESIDENTIAL | $17,900 | 125 ft |
| 1933 FREMONT AVE S MINNEAPOLIS MN 55403 | DAVID O HANSEN | APARTMENT | $2,944,000 | 135 ft |
| 1937 FREMONT AVE S MINNEAPOLIS MN 55403 | HERO HOMES MN PARTNERS LLC | APARTMENT | $960,000 | 146 ft |
| 1929 FREMONT AVE S MINNEAPOLIS MN 55403 | D & B 1929 LLC | APARTMENT | $2,960,000 | 158 ft |
| 1200 FRANKLIN AVE W MINNEAPOLIS MN 55405 | AWESOME FRANKLIN LLC ET AL | APARTMENT | $1,925,000 | 160 ft |
| 1921 EMERSON AVE S MINNEAPOLIS MN 55403 | JORDON FISKE | TOWNHOUSE | $498,600 | 166 ft |
Most Recent Sale
Current Tax Year