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.
No permits found in Minneapolis open data for this parcel.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02
Zip code 55402
Source: Redfin Data Center (Invalid Date) · Zip 55402
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 517 MARQUETTE AVE MINNEAPOLIS MN 55402 | UGP-517 MARQUETTE PARKIN LLC | COMMERCIAL-PREFERRED | $7,970,000 | 121 ft |
| 120 6TH ST S MINNEAPOLIS MN 55402 | AX CPP LP | COMMERCIAL-PREFERRED | $14,466,600 | 198 ft |
| 100 5TH ST S MINNEAPOLIS MN 55402 | FIFTH ST TOWERS PROP LLC | COMMERCIAL-PREFERRED | $36,630,000 | 208 ft |
| 527 MARQUETTE AVE MINNEAPOLIS MN 55402 | RAND TOWER MN OWNER LLC | COMMERCIAL-PREFERRED | $28,175,000 | 240 ft |
| 73 5TH ST S MINNEAPOLIS MN 55402 | IPERS 510 MARQUETTE INC | COMMERCIAL-PREFERRED | $23,980,000 | 242 ft |
| 150 5TH ST S MINNEAPOLIS MN 55402 | FIFTH ST TOWERS PROP LLC | COMMERCIAL-NON PREFERRED | $50,590,000 | 262 ft |
| 88 6TH ST S MINNEAPOLIS MN 55402 | MADISON SOUTH 6TH LLC | COMMERCIAL-PREFERRED | $25,635,000 | 311 ft |
| 409 MARQUETTE AVE MINNEAPOLIS MN 55401 | BAKER INVESTMENTS PTN I, LLC | COMMERCIAL-PREFERRED | $4,200,000 | 382 ft |
| 415 NICOLLET MALL MINNEAPOLIS MN 55401 | MN NIC ON 5TH LLC | APARTMENT | $60,240,000 | 391 ft |
| 115 4TH ST S MINNEAPOLIS MN 55401 | RCI HOLDINGS INC | COMMERCIAL-PREFERRED | $3,130,000 | 397 ft |
Most Recent Sale
Current Tax Year