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.
4 permits on record since 2020 · $227K total declared value · Most recent: Nov 2025 (roofwind)
RAYCO CONSTRUCTION INC
ProSource Building Supply
Farr Plumbing and Heating LLC
Lifetime Builders
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Corcoran · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1087
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-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 7,222 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3145 22ND AVE S MINNEAPOLIS MN 55407 | SARAH OMERNIK | RESIDENTIAL | $218,500 | 50 ft |
| 3135 22ND AVE S MINNEAPOLIS MN 55407 | MARIA BRUNO-RUIZ | RESIDENTIAL | $259,600 | 58 ft |
| 3149 22ND AVE S MINNEAPOLIS MN 55407 | MALLORY CINA & KEVIN MILLER | RESIDENTIAL | $240,000 | 88 ft |
| 3127 22ND AVE S MINNEAPOLIS MN 55407 | AMY KUROWSKI-MOEN/ERIC MOEN | RESIDENTIAL | $275,400 | 108 ft |
| 3153 22ND AVE S MINNEAPOLIS MN 55407 | LAUREN ADAMSKI/LAUREN RANEY | RESIDENTIAL | $348,600 | 130 ft |
| 2214 32ND ST E MINNEAPOLIS MN 55407 | B BERGIN & N GOLDMAN | RESIDENTIAL | $318,900 | 153 ft |
| 3123 22ND AVE S MINNEAPOLIS MN 55407 | BRIAN H MC NEILL | RESIDENTIAL | $290,200 | 158 ft |
| 2200 32ND ST E MINNEAPOLIS MN 55407 | RONALD C DOLL | APARTMENT | $525,000 | 175 ft |
| 3138 23RD AVE S MINNEAPOLIS MN 55407 | C A EASON & J E HAAKE | RESIDENTIAL | $267,100 | 187 ft |
| 3142 23RD AVE S MINNEAPOLIS MN 55407 | SHIRA BURTON | RESIDENTIAL | $256,000 | 192 ft |
Most Recent Sale
Current Tax Year