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.
No permits found in Minneapolis open data for this parcel.
Lowry Hill East · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1067
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 7,596 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 712 FRANKLIN AVE W MINNEAPOLIS MN 55405 | IRVING PROPERTIES INC | APARTMENT | $2,463,000 | 80 ft |
| 1936 LYNDALE AVE S MINNEAPOLIS MN 55403 | WSFC LLC | COMMERCIAL-PREFERRED | $3,500,000 | 149 ft |
| 1926 ALDRICH AVE S MINNEAPOLIS MN 55403 | YVONNE GILMORE | CONDOMINIUM | $158,000 | 208 ft |
| 1926 ALDRICH AVE S MINNEAPOLIS MN 55403 | BRIAN SCHMIT | CONDOMINIUM | $190,000 | 208 ft |
| 1926 ALDRICH AVE S MINNEAPOLIS MN 55403 | ISAAC D KARLEY | CONDOMINIUM | $179,000 | 208 ft |
| 1926 ALDRICH AVE S MINNEAPOLIS MN 55403 | APRIL SMITH | CONDOMINIUM | $186,000 | 208 ft |
| 1926 ALDRICH AVE S MINNEAPOLIS MN 55403 | D M COLLINS & S W SPALDING | CONDOMINIUM | $186,000 | 208 ft |
| 1928 ALDRICH AVE S MINNEAPOLIS MN 55403 | TYLER RIPPLINGER | CONDOMINIUM | $128,000 | 208 ft |
| 1928 ALDRICH AVE S MINNEAPOLIS MN 55403 | BONNIE CHEN | CONDOMINIUM | $132,000 | 208 ft |
| 1928 ALDRICH AVE S MINNEAPOLIS MN 55403 | TIMOTHY BRIAN RIKER | CONDOMINIUM | $143,000 | 208 ft |
Most Recent Sale
Current Tax Year