On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
1 permit on record since 2019 · $11K total declared value · Most recent: Sep 2019 (roofwind)
TERRA FIRMA ESTATES INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Longfellow · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1088
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
Residential Mixed-Use 1 — low-density mixed 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 5,503 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3232 MINNEHAHA AVE MINNEAPOLIS MN 55406 | MATTHEW CHARLES SPOONER | RESIDENTIAL | $214,100 | 50 ft |
| 3220 MINNEHAHA AVE MINNEAPOLIS MN 55406 | OCTAVIA EGWIM | RESIDENTIAL | $361,200 | 60 ft |
| 3236 MINNEHAHA AVE MINNEAPOLIS MN 55406 | WILLIAM D HOLMSTROM JR | RESIDENTIAL-TWO UNIT | $279,100 | 90 ft |
| 3216 MINNEHAHA AVE MINNEAPOLIS MN 55406 | BH ON MINNEHAHA REV TRUST | RESIDENTIAL | $276,700 | 115 ft |
| 3240 MINNEHAHA AVE MINNEAPOLIS MN 55406 | MIGUEL OREA | RESIDENTIAL | $251,000 | 130 ft |
| 3212 MINNEHAHA AVE MINNEAPOLIS MN 55406 | ANTHONY E LASCON | RESIDENTIAL-TWO UNIT | $266,000 | 165 ft |
| 3244 MINNEHAHA AVE MINNEAPOLIS MN 55406 | SHILOH GIDEON-SJOSTROM ETAL | RESIDENTIAL | $261,900 | 170 ft |
| 3241 SNELLING AVE MINNEAPOLIS MN 55406 | BARBARA LEDER LLC | INDUSTRIAL-PREFERRED | $728,000 | 172 ft |
| 3249 SNELLING AVE MINNEAPOLIS MN 55406 | LEONARD LEDER LLC | INDUSTRIAL-PREFERRED | $1,210,000 | 172 ft |
| 3237 SNELLING AVE MINNEAPOLIS MN 55406 | BARBARA LEDER LLC | INDUSTRIAL-PREFERRED | $465,000 | 198 ft |
Most Recent Sale
Current Tax Year