ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2009 · $5K total declared value · Most recent: Jun 2009 (building re-inspection)
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 4,394 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2542 COLFAX AVE S MINNEAPOLIS MN 55405 | M L ZIMMERMAN/E J SCHIMMING | RESIDENTIAL | $384,000 | 55 ft |
| 2532 COLFAX AVE S MINNEAPOLIS MN 55405 | JOSHUA KATT & MOLLY KATT | RESIDENTIAL | $538,800 | 57 ft |
| 2552 COLFAX AVE S MINNEAPOLIS MN 55405 | J L RABB & C M E JOHNSON | RESIDENTIAL | $751,000 | 110 ft |
| 2524 COLFAX AVE S MINNEAPOLIS MN 55405 | A GOODRUM & P VUJOVICH | RESIDENTIAL | $686,000 | 117 ft |
| 2537 DUPONT AVE S MINNEAPOLIS MN 55405 | DANA THOMPSON | RESIDENTIAL | $359,300 | 142 ft |
| 2541 DUPONT AVE S MINNEAPOLIS MN 55405 | ELIZABETH C EVANS | RESIDENTIAL | $559,900 | 145 ft |
| 2535 DUPONT AVE S MINNEAPOLIS MN 55405 | KYLE GRUBE & LEHN GRUBE | RESIDENTIAL-TWO UNIT | $516,400 | 150 ft |
| 2545 DUPONT AVE S MINNEAPOLIS MN 55405 | BRIAN WAGNER & P WAGNER | RESIDENTIAL-TWO UNIT | $452,500 | 158 ft |
| 2529 DUPONT AVE S MINNEAPOLIS MN 55405 | PAMELA K HANSON | RESIDENTIAL-TWO UNIT | $493,700 | 167 ft |
| 2520 COLFAX AVE S MINNEAPOLIS MN 55405 | KYLE JOHN STRESE | RESIDENTIAL | $636,900 | 170 ft |
Most Recent Sale
Current Tax Year