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.
4 permits on record since 2020 · $27K total declared value · Most recent: Jun 2024 (roofwind)
Options Exteriors
Holmlund Masonry Inc
Warners Stellian Co Inc
Warners Stellian Co Inc
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 1080
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 4,499 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2886 JAMES AVE S MINNEAPOLIS MN 55408 | R & L HAUGH | APARTMENT | $2,450,000 | 70 ft |
| 2900 JAMES AVE S MINNEAPOLIS MN 55408 | JAMES AVENUE SOUTH LLC | APARTMENT | $910,000 | 124 ft |
| 2880 JAMES AVE S MINNEAPOLIS MN 55408 | AREH 2880 JAMES AVE S LLC | LOW INCOME RENTAL | $2,633,000 | 140 ft |
| 1709 LAGOON AVE MINNEAPOLIS MN 55408 | LAGOON AVENUE ESTATES LLC | LOW INCOME RENTAL | $1,046,000 | 158 ft |
| 1715 LAGOON AVE MINNEAPOLIS MN 55408 | LAGOON AVENUE ESTATES LLC | LOW INCOME RENTAL | $1,077,000 | 178 ft |
| 2908 JAMES AVE S MINNEAPOLIS MN 55408 | R G BULTHUIS - TRUSTEE | APARTMENT | $910,000 | 184 ft |
| 2893 KNOX AVE S MINNEAPOLIS MN 55408 | FLT VENUE ON KNOX LLC | APARTMENT | $13,779,700 | 190 ft |
| 2895 JAMES AVE S MINNEAPOLIS MN 55408 | J E SITTER & L F E SOUZA | CONDOMINIUM | $232,000 | 194 ft |
| 2895 JAMES AVE S MINNEAPOLIS MN 55408 | P SOMAYAJULA/S SRINIVAS ETAL | CONDOMINIUM | $225,000 | 194 ft |
| 2895 JAMES AVE S MINNEAPOLIS MN 55408 | JEFFREY S SAUNDERS | CONDOMINIUM | $234,000 | 194 ft |
Most Recent Sale
Current Tax Year