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.
3 permits on record since 2020 · $30K total declared value · Most recent: Feb 2026 (commercial minor)
United States Mechanical Inc
Dave Stefans
Cities 1 Plumbing and Heating Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 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 7,247 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2310 COLFAX AVE S MINNEAPOLIS MN 55405 | 2310 COLFAX LLC | APARTMENT | $493,000 | 65 ft |
| 2320 COLFAX AVE S MINNEAPOLIS MN 55405 | SLMC DEVELOPMENT LLC | APARTMENT | $3,658,000 | 76 ft |
| 2306 COLFAX AVE S MINNEAPOLIS MN 55405 | D&P RENTALS LLC | TRIPLEX | $592,000 | 112 ft |
| 2315 DUPONT AVE S MINNEAPOLIS MN 55405 | IRVING PROPERTIES INC | APARTMENT | $3,202,000 | 142 ft |
| 2315 COLFAX AVE S MINNEAPOLIS MN 55405 | THE DELMAR LLC | LOW INCOME RENTAL | $2,444,000 | 195 ft |
| 2400 COLFAX AVE S MINNEAPOLIS MN 55405 | J D LEE & K P KINNEAVY | RESIDENTIAL | $780,400 | 198 ft |
| 2313 COLFAX AVE S MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $613,000 | 198 ft |
| 2321 COLFAX AVE S MINNEAPOLIS MN 55405 | J W SHARMER & E P J WEINBERG | RESIDENTIAL | $705,600 | 211 ft |
| 2307 COLFAX AVE S MINNEAPOLIS MN 55405 | THURE PROPERTIES LLC | APARTMENT | $1,097,000 | 220 ft |
| 2301 DUPONT AVE S MINNEAPOLIS MN 55405 | WASHBURN-MCREAVY PRPRTS LLP | COMMERCIAL-PREFERRED | $3,933,500 | 228 ft |
Most Recent Sale
Current Tax Year