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 2018 · Most recent: Apr 2018 (res)
CENTERPOINT ENERGY
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 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 3,762 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1915 COLFAX AVE S MINNEAPOLIS MN 55403 | 1619 LLC | APARTMENT | $280,900 | 50 ft |
| 1920 HENNEPIN AVE MINNEAPOLIS MN 55403 | TOMATES MAMACITAS LLC | LAND-COMMERCIAL | $537,500 | 62 ft |
| 1925 COLFAX AVE S MINNEAPOLIS MN 55403 | BURCH INVESTORS LLC | LAND-COMMERCIAL | $231,400 | 103 ft |
| 1907 COLFAX AVE S MINNEAPOLIS MN 55403 | 1619 LLC | APARTMENT | $1,767,000 | 112 ft |
| 1916 HENNEPIN AVE MINNEAPOLIS MN 55403 | REARDON PROPERTIES LLC | APARTMENT | $706,000 | 118 ft |
| 1924 HENNEPIN AVE MINNEAPOLIS MN 55403 | TOMATES MAMACITAS LLC | COMMERCIAL-NON PREFERRED | $609,400 | 119 ft |
| 1912 HENNEPIN AVE MINNEAPOLIS MN 55403 | REARDON PROPERTIES LLC | APARTMENT | $855,100 | 145 ft |
| 1930 HENNEPIN AVE MINNEAPOLIS MN 55403 | PERIS HOUSING LTD PRTNSHIP | LOW INCOME RENTAL | $5,980,000 | 164 ft |
| 1901 COLFAX AVE S MINNEAPOLIS MN 55403 | REARDON PROPERTIES LLC | APARTMENT | $1,290,000 | 188 ft |
| 1916 COLFAX AVE S MINNEAPOLIS MN 55403 | D J W B INC | LOW INCOME RENTAL | $918,000 | 194 ft |
Most Recent Sale
Current Tax Year