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.
5 permits on record since 2019 · $1.3M total declared value · Most recent: Feb 2021 (comnofdbv)
KB Mechanical Inc
KB Mechanical Inc
KAB Plumbing LLC
CNC CONSTRUCTION LLC
2ND NATURE ALL AROUND SERVICES 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
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 2,906 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1715 LAGOON AVE MINNEAPOLIS MN 55408 | LAGOON AVENUE ESTATES LLC | LOW INCOME RENTAL | $1,077,000 | 45 ft |
| 2905 KNOX AVE S MINNEAPOLIS MN 55408 | BROWN FAMILY PROPERTIES LP | APARTMENT | $694,000 | 87 ft |
| 1709 LAGOON AVE MINNEAPOLIS MN 55408 | LAGOON AVENUE ESTATES LLC | LOW INCOME RENTAL | $1,046,000 | 94 ft |
| 2901 KNOX AVE S MINNEAPOLIS MN 55408 | BROWN FAMILY PROPERTIES LP | APARTMENT | $1,320,000 | 96 ft |
| 2909 KNOX AVE S MINNEAPOLIS MN 55408 | 2909 KNOX LLC | TRIPLEX | $872,900 | 97 ft |
| 1716 LAKE ST W MINNEAPOLIS MN 55408 | LAKE AND KNOX LLC | APARTMENT | $2,527,600 | 135 ft |
| 1720 LAKE ST W MINNEAPOLIS MN 55408 | LAKE AND KNOX LLC | APARTMENT | $2,527,600 | 141 ft |
| 2915 KNOX AVE S MINNEAPOLIS MN 55408 | LAKE AND KNOX LLC | APARTMENT | $2,527,600 | 145 ft |
| 1708 LAKE ST W MINNEAPOLIS MN 55408 | LAKE AND KNOX LLC | APARTMENT | $262,000 | 153 ft |
| MN | Unknown | — | — | 153 ft |
Most Recent Sale
Current Tax Year