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.
6 permits on record since 2017 · $15K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
STORM GROUP ROOFING LLC
STORM GROUP ROOFING LLC
MARK HOSEK CONSTRUCTION LLC
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
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 small multifamily (2–4 units, wood frame) benchmarks for 2,470 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2650 COLFAX AVE S MINNEAPOLIS MN 55408 | COLFAX AB LLC | APARTMENT | $1,972,000 | 71 ft |
| 2700 COLFAX AVE S MINNEAPOLIS MN 55408 | E M SIMPSON & D J DYKOSKI | RESIDENTIAL | $602,000 | 104 ft |
| 2657 DUPONT AVE S MINNEAPOLIS MN 55408 | KESSEL PROPERTY MGMNT CORP | APARTMENT | $923,000 | 140 ft |
| 2653 DUPONT AVE S MINNEAPOLIS MN 55408 | CRAIG S KESSEL & LISA KESSEL | RESIDENTIAL | $540,000 | 146 ft |
| 2704 COLFAX AVE S MINNEAPOLIS MN 55408 | S E SCHILLING & D RAFATS | RESIDENTIAL | $429,200 | 150 ft |
| 2649 DUPONT AVE S MINNEAPOLIS MN 55408 | T R & N M LARSON | RESIDENTIAL | $264,000 | 162 ft |
| 2640 COLFAX AVE S MINNEAPOLIS MN 55408 | COLFAX AB LLC | APARTMENT | $1,972,000 | 171 ft |
| 2701 DUPONT AVE S MINNEAPOLIS MN 55408 | JOANNA L ROSE | TRIPLEX | $690,200 | 175 ft |
| 2645 DUPONT AVE S MINNEAPOLIS MN 55408 | VALERIE BLOMBERG | APARTMENT | $658,000 | 185 ft |
| 2655 COLFAX AVE S MINNEAPOLIS MN 55408 | 2655 LLC | APARTMENT | $1,396,000 | 190 ft |
Most Recent Sale
Current Tax Year