Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2002 · $79K total declared value · Most recent: Jan 2018 (commercial multi-family)
Major Mechanical 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 77
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 46,484 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2825 DUPONT AVE S MINNEAPOLIS MN 55408 | MN UPTOWN ON EMERSON LLC | APARTMENT | $9,816,000 | 148 ft |
| 2816 COLFAX AVE S MINNEAPOLIS MN 55408 | T REIS-HANRIE & P H HEAVLIN | RESIDENTIAL | $366,000 | 226 ft |
| 2817 DUPONT AVE S MINNEAPOLIS MN 55408 | BRITTON H KAMROW | RESIDENTIAL-TWO UNIT | $379,300 | 227 ft |
| 2814 COLFAX AVE S MINNEAPOLIS MN 55408 | HOMES BY WITT LLC | RESIDENTIAL-TWO UNIT | $445,800 | 268 ft |
| MN | Unknown | — | — | 268 ft |
| 2815 DUPONT AVE S MINNEAPOLIS MN 55408 | J E TRACY & P J TRACY | CONDOMINIUM | $130,000 | 268 ft |
| 2815 DUPONT AVE S MINNEAPOLIS MN 55408 | AP RENTALS LLC | CONDOMINIUM | $110,000 | 268 ft |
| 2815 DUPONT AVE S MINNEAPOLIS MN 55408 | AP RENTALS LLC | CONDOMINIUM | $126,000 | 268 ft |
| 2815 DUPONT AVE S MINNEAPOLIS MN 55408 | LORI HALVERSON | CONDOMINIUM | $101,000 | 268 ft |
| 2821 COLFAX AVE S MINNEAPOLIS MN 55408 | LUBENOW PROPERTIES LLC ET AL | RESIDENTIAL-TWO UNIT | $403,700 | 311 ft |
Most Recent Sale
Current Tax Year