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.
9 permits on record since 2018 · $119K total declared value · Most recent: Apr 2022 (addition)
Carroll Peterson
Henderson Heating and AC LLC
CARROLL PETERSON
Henderson Heating and AC LLC
BURNOMATIC
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 4,343 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2519 EMERSON AVE S MINNEAPOLIS MN 55405 | VEIDEN INVESTMENTS LLC | APARTMENT | $1,136,000 | 50 ft |
| 2531 EMERSON AVE S MINNEAPOLIS MN 55405 | C T PETERSON/B M PETERSON TR | VACANT LAND-APARTMENT | $314,300 | 60 ft |
| 2517 EMERSON AVE S MINNEAPOLIS MN 55405 | ISABELLA BOWERS | APARTMENT | $557,000 | 89 ft |
| 2537 EMERSON AVE S MINNEAPOLIS MN 55405 | 2537 EMERSON AVE S LLC | APARTMENT | $1,170,000 | 120 ft |
| 2513 EMERSON AVE S MINNEAPOLIS MN 55405 | T&M HOLDINGS LLC | APARTMENT | $680,000 | 134 ft |
| 2524 DUPONT AVE S MINNEAPOLIS MN 55405 | MARK MURPHY/ANTHONY BAISLEY | TRIPLEX | $654,700 | 141 ft |
| 2530 DUPONT AVE S MINNEAPOLIS MN 55405 | KI DUPONT LLC | APARTMENT | $1,351,000 | 145 ft |
| 2516 DUPONT AVE S MINNEAPOLIS MN 55405 | K P M CORPORATION | APARTMENT | $701,000 | 157 ft |
| 2543 EMERSON AVE S MINNEAPOLIS MN 55405 | CHERYL L ZIEGELMAN | TRIPLEX | $638,400 | 180 ft |
| 2536 DUPONT AVE S MINNEAPOLIS MN 55405 | JON LOER & JEFFERY FISHER | CONDOMINIUM | $66,000 | 183 ft |
Most Recent Sale
Current Tax Year