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.
2 permits on record since 2021 · $20K total declared value · Most recent: Jan 2022 (commfdnr)
Heating and Cooling Design Inc
CenterPoint Energy Resource Corp
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 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 2,398 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2740 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | JAMES STREMEL/LAURA STREMEL | APARTMENT | $827,000 | 48 ft |
| 1512 28TH ST W MINNEAPOLIS MN 55408 | ERIC HERMANSON | APARTMENT | $869,000 | 78 ft |
| 2728 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | EAST ISLES VINTAGE APTS LLC | APARTMENT | $3,926,000 | 79 ft |
| 2724 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | CATHERINE S FIDELER | CONDOMINIUM | $487,000 | 152 ft |
| 2726 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | PHILLIP RADKE | CONDOMINIUM | $511,000 | 152 ft |
| 2724 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | B CALVERT & R CALVERT | CONDOMINIUM | $353,000 | 152 ft |
| 2726 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | ROBERT C HINRICHS | CONDOMINIUM | $369,000 | 152 ft |
| 2724 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | HARISH RAMAKRISHNA | CONDOMINIUM | $580,000 | 152 ft |
| 2726 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | MARSHA D OVITZ TRUST | CONDOMINIUM | $442,000 | 152 ft |
| MN | Unknown | — | — | 152 ft |
Most Recent Sale
Current Tax Year