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.
10 permits on record since 2018 · $63K total declared value · Most recent: Apr 2026 (res)
Randy's Electric & Plumbing
Professional Mechanical Services LLC
Twin Cities Home Solutions LLC
Warners Stellian Co Inc
THINK STUCCO
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
East Isles · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1066
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 4,599 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2512 HUMBOLDT AVE S MINNEAPOLIS MN 55405 | M CASTELAN & M MOUNTAIN | RESIDENTIAL | $548,000 | 50 ft |
| 2520 HUMBOLDT AVE S MINNEAPOLIS MN 55405 | DANIEL B RENNER & DON RENNER | RESIDENTIAL-TWO UNIT | $755,700 | 50 ft |
| 2508 HUMBOLDT AVE S MINNEAPOLIS MN 55405 | M A SUNDERLAND/K D KARLSSON | RESIDENTIAL | $697,300 | 100 ft |
| 2524 HUMBOLDT AVE S MINNEAPOLIS MN 55405 | ALICE LEE/ALEXANDER LENCICKI | RESIDENTIAL | $1,054,700 | 103 ft |
| 2504 HUMBOLDT AVE S MINNEAPOLIS MN 55405 | DAVID SCHALLIOL | RESIDENTIAL | $884,700 | 150 ft |
| 2517 IRVING AVE S MINNEAPOLIS MN 55405 | SUSAN G GROSS REVOCABLE TRST | RESIDENTIAL | $1,128,000 | 169 ft |
| 2521 IRVING AVE S MINNEAPOLIS MN 55405 | ELLIOT S EASTERLING ET AL | RESIDENTIAL | $1,239,600 | 176 ft |
| 2513 IRVING AVE S MINNEAPOLIS MN 55405 | B A BIRKELAND/D J BIRKELAND | RESIDENTIAL-TWO UNIT | $958,500 | 176 ft |
| 2538 HUMBOLDT AVE S MINNEAPOLIS MN 55405 | J R SEIWERT & S M SEIWERT | CONDOMINIUM | $370,000 | 185 ft |
| 2536 HUMBOLDT AVE S MINNEAPOLIS MN 55405 | DENISE D ROY | CONDOMINIUM | $324,000 | 185 ft |
Most Recent Sale
Current Tax Year