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.
4 permits on record since 2023 · Most recent: Oct 2025 (commfdrr)
Heating and Cooling Two Inc
Heating and Cooling Two Inc
Professional Mechanical Services LLC
Liberte Construction LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Waite Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 6.01
Zip code 55418
Source: Redfin Data Center (Invalid Date) · Zip 55418
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 5,405 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3439 CENTRAL AVE N E MINNEAPOLIS MN 55418 | L & R INVESTMENTS INC | APARTMENT | $513,000 | 80 ft |
| 3457 CENTRAL AVE N E MINNEAPOLIS MN 55418 | CENTRAL PLACE APARTMENTS LLC | APARTMENT | $1,690,000 | 80 ft |
| 3450 TYLER ST N E MINNEAPOLIS MN 55418 | S MCPHERSON & K P GRAHAM | RESIDENTIAL | $385,200 | 129 ft |
| 3442 TYLER ST N E MINNEAPOLIS MN 55418 | AMANDA JONSGAARD | RESIDENTIAL | $221,000 | 142 ft |
| 3454 TYLER ST N E MINNEAPOLIS MN 55418 | MYKOLA/BARBARA HODYNSKY ETAL | RESIDENTIAL | $417,000 | 153 ft |
| 3438 TYLER ST N E MINNEAPOLIS MN 55418 | KEVIN T WALDO | RESIDENTIAL | $212,100 | 162 ft |
| 3434 TYLER ST N E MINNEAPOLIS MN 55418 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 189 ft |
| 3427 CENTRAL AVE N E MINNEAPOLIS MN 55418 | L & R INVESTMENTS INC | MED/CARE FACILITY | $2,561,000 | 200 ft |
| 3501 CENTRAL AVE N E MINNEAPOLIS MN 55418 | JSW PROPERTIES LLC | RESIDENTIAL | $263,800 | 208 ft |
| 3430 TYLER ST N E MINNEAPOLIS MN 55418 | L & R INVESTMENTS INC | RESIDENTIAL | $205,000 | 228 ft |
Most Recent Sale
Current Tax Year