ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
1 permit on record since 2018 · Most recent: Dec 2018 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · 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 small multifamily (2–4 units, wood frame) benchmarks for 1,506 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2948 GRAND AVE S MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | LAND-COMMERCIAL | $144,000 | 27 ft |
| 2940 GRAND AVE S MINNEAPOLIS MN 55408 | SIBERT RENOVATIONS LLC | RESIDENTIAL-TWO UNIT | $253,100 | 34 ft |
| 2938 GRAND AVE S MINNEAPOLIS MN 55408 | P SONNESYN/S SONNESYN-NAGEL | RESIDENTIAL | $262,900 | 74 ft |
| 404 LAKE ST W MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,081,000 | 98 ft |
| 2932 GRAND AVE S MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | RESIDENTIAL | $400,500 | 113 ft |
| 400 LAKE ST W MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | LAND-COMMERCIAL | $159,600 | 122 ft |
| 2941 HARRIET AVE MINNEAPOLIS MN 55408 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $540,700 | 144 ft |
| 2928 GRAND AVE S MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | RESIDENTIAL-TWO UNIT | $361,500 | 154 ft |
| 2937 HARRIET AVE MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | RESIDENTIAL | $316,400 | 158 ft |
| 410 LAKE ST W MINNEAPOLIS MN 55408 | 410 WEST LAKE STREET APTS LP | LOW INCOME RENTAL | $17,390,000 | 159 ft |
Most Recent Sale
Current Tax Year