Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2023 · $34K total declared value · Most recent: Oct 2025 (res)
Alexander Plumbing LLC
Mayday Restoration
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 sfr / adu benchmarks for 948 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1814 COLFAX AVE S MINNEAPOLIS MN 55403 | RICHARD R YUNGER | RESIDENTIAL-TWO UNIT | $677,800 | 50 ft |
| 1820 COLFAX AVE S MINNEAPOLIS MN 55403 | VERNA H HINCK ET AL | RESIDENTIAL-TWO UNIT | $680,000 | 50 ft |
| 1806 COLFAX AVE S MINNEAPOLIS MN 55403 | EDWARD C WINTHROP TRUSTEE | RESIDENTIAL | $1,200,000 | 100 ft |
| 1819 DUPONT AVE S MINNEAPOLIS MN 55403 | WILLIAM A BAUDLER | RESIDENTIAL-TWO UNIT | $781,200 | 135 ft |
| 1821 DUPONT AVE S MINNEAPOLIS MN 55403 | B B JOHNSON & D W JOHNSON | RESIDENTIAL-TWO UNIT | $655,500 | 142 ft |
| 1813 DUPONT AVE S MINNEAPOLIS MN 55403 | MEGHAN LEIGH MERCURY | RESIDENTIAL | $892,100 | 147 ft |
| 1802 COLFAX AVE S MINNEAPOLIS MN 55403 | M J ROSENMAN & K S ROSENMAN | RESIDENTIAL | $1,166,000 | 175 ft |
| 1807 DUPONT AVE S MINNEAPOLIS MN 55403 | G S FRANCOIS REV TR ET AL | TRIPLEX | $1,233,200 | 180 ft |
| 1900 COLFAX AVE S MINNEAPOLIS MN 55403 | REARDON PROPERTIES LLC | APARTMENT | $902,000 | 185 ft |
| 1819 COLFAX AVE S MINNEAPOLIS MN 55403 | MARY NICHOLS/THOMAS NICHOLS | CONDOMINIUM | $431,000 | 195 ft |
Most Recent Sale
Current Tax Year