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 2023 · Most recent: Jan 2026 (existres)
Vector Services LLC
Vector Services LLC
MESPO HEATING AND COOLING 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 4,428 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2547 EMERSON AVE S MINNEAPOLIS MN 55405 | S S PRINCE & K A PRINCE | RESIDENTIAL | $429,800 | 50 ft |
| 2537 EMERSON AVE S MINNEAPOLIS MN 55405 | 2537 EMERSON AVE S LLC | APARTMENT | $1,170,000 | 60 ft |
| 2553 EMERSON AVE S MINNEAPOLIS MN 55405 | SIFORA TEK-LAB | RESIDENTIAL-TWO UNIT | $473,700 | 90 ft |
| 2531 EMERSON AVE S MINNEAPOLIS MN 55405 | C T PETERSON/B M PETERSON TR | VACANT LAND-APARTMENT | $314,300 | 120 ft |
| 2555 EMERSON AVE S MINNEAPOLIS MN 55405 | ELIZABETH A ABENE TRUST | RESIDENTIAL-TWO UNIT | $401,300 | 126 ft |
| 2546 DUPONT AVE S MINNEAPOLIS MN 55405 | S KELLY & B VAN RAVENSWAAY | RESIDENTIAL-TWO UNIT | $513,100 | 141 ft |
| 2550 DUPONT AVE S MINNEAPOLIS MN 55405 | L J SHANK & J K HAGEDORN | RESIDENTIAL | $490,600 | 149 ft |
| 2536 DUPONT AVE S MINNEAPOLIS MN 55405 | JON LOER & JEFFERY FISHER | CONDOMINIUM | $66,000 | 154 ft |
| 2536 DUPONT AVE S MINNEAPOLIS MN 55405 | SYDNEY CM GROSS | CONDOMINIUM | $105,000 | 154 ft |
| 2536 DUPONT AVE S MINNEAPOLIS MN 55405 | COLIN KOHL | CONDOMINIUM | $93,000 | 154 ft |
Most Recent Sale
Current Tax Year