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 · $66K 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.
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
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 7,118 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2891 JAMES AVE S MINNEAPOLIS MN 55408 | JOE HOBSON & CARA DELEON | CONDOMINIUM | $225,000 | 67 ft |
| 2891 JAMES AVE S MINNEAPOLIS MN 55408 | A R HENNINGS & K M KEEN | CONDOMINIUM | $224,000 | 67 ft |
| 2891 JAMES AVE S MINNEAPOLIS MN 55408 | ERIK ANDERSON | CONDOMINIUM | $224,000 | 67 ft |
| 2891 JAMES AVE S MINNEAPOLIS MN 55408 | JOSEPH A HOBSON/CARA DELEON | CONDOMINIUM | $225,000 | 67 ft |
| MN | Unknown | — | — | 67 ft |
| 2895 JAMES AVE S MINNEAPOLIS MN 55408 | J E SITTER & L F E SOUZA | CONDOMINIUM | $232,000 | 113 ft |
| 2895 JAMES AVE S MINNEAPOLIS MN 55408 | P SOMAYAJULA/S SRINIVAS ETAL | CONDOMINIUM | $225,000 | 113 ft |
| 2895 JAMES AVE S MINNEAPOLIS MN 55408 | JEFFREY S SAUNDERS | CONDOMINIUM | $234,000 | 113 ft |
| 2895 JAMES AVE S MINNEAPOLIS MN 55408 | LORI L SOUTHWICK | CONDOMINIUM | $240,000 | 113 ft |
| MN | Unknown | — | — | 113 ft |
Most Recent Sale
Current Tax Year