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.
1 permit on record since 2018 · $14K total declared value · Most recent: Nov 2018 (commercial multi-family)
Cities 1 Plumbing and Heating Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lowry Hill East · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1067
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 3,257 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2725 ALDRICH AVE S MINNEAPOLIS MN 55408 | CHARLES MINER | RESIDENTIAL-TWO UNIT | $416,200 | 46 ft |
| 2735 ALDRICH AVE S MINNEAPOLIS MN 55408 | NORTHERN OAK INVESTMENTS | APARTMENT | $1,179,000 | 51 ft |
| 2721 ALDRICH AVE S MINNEAPOLIS MN 55408 | BRIAN T BOCK | RESIDENTIAL-TWO UNIT | $435,900 | 86 ft |
| 2741 ALDRICH AVE S MINNEAPOLIS MN 55408 | JAMES A TAYLOR | TRIPLEX | $457,800 | 96 ft |
| 2717 ALDRICH AVE S MINNEAPOLIS MN 55408 | BARNTOP LLC | RESIDENTIAL-TWO UNIT | $402,100 | 127 ft |
| 2724 LYNDALE AVE S MINNEAPOLIS MN 55408 | MINNESOTA OREO LLC | COMMERCIAL-NON PREFERRED | $1,151,500 | 137 ft |
| 2745 ALDRICH AVE S MINNEAPOLIS MN 55408 | KEVIN C LIN & VIKTORIA IZADI | RESIDENTIAL-TWO UNIT | $396,700 | 137 ft |
| 2736 LYNDALE AVE S MINNEAPOLIS MN 55408 | R T & B J SHERMAN | COMMERCIAL-PREFERRED | $1,054,000 | 140 ft |
| 2740 LYNDALE AVE S MINNEAPOLIS MN 55408 | QIANQIAN YU TRUST | APARTMENT | $656,000 | 162 ft |
| 2715 ALDRICH AVE S MINNEAPOLIS MN 55408 | S M WALTERS & K A ANDERSON | RESIDENTIAL | $384,000 | 168 ft |
Most Recent Sale
Current Tax Year