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 ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 85
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 2,483 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3024 14TH AVE S MINNEAPOLIS MN 55407 | KENDRA DAWN FERGUS | RESIDENTIAL-TWO UNIT | $347,100 | 39 ft |
| 3016 14TH AVE S MINNEAPOLIS MN 55407 | ASAEL GONZALEZ GARCIA | RESIDENTIAL-TWO UNIT | $368,500 | 40 ft |
| 3012 14TH AVE S MINNEAPOLIS MN 55407 | MARK LAMBING/KELLY MCMASTERS | RESIDENTIAL-TWO UNIT | $381,500 | 79 ft |
| 3028 14TH AVE S MINNEAPOLIS MN 55407 | R W THOMPSON & M B THOMPSON | RESIDENTIAL-TWO UNIT | $297,300 | 79 ft |
| 3032 14TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY S SPRINGER | APARTMENT | $374,000 | 127 ft |
| 3015 13TH AVE S MINNEAPOLIS MN 55407 | MPLS GOSPEL TABERNACLE | COMMERCIAL-PREFERRED | $0 | 157 ft |
| 1317 LAKE ST E MINNEAPOLIS MN 55407 | NUSTAR INVESTMENTS L L C | COMMERCIAL-PREFERRED | $630,000 | 158 ft |
| 1311 LAKE ST E MINNEAPOLIS MN 55407 | GRAND PLAZA LLC | COMMERCIAL-PREFERRED | $640,000 | 163 ft |
| 3040 14TH AVE S MINNEAPOLIS MN 55407 | EMMA C STORMSEN | RESIDENTIAL | $263,600 | 176 ft |
| 3021 14TH AVE S MINNEAPOLIS MN 55407 | W L RESER & A L HILL | RESIDENTIAL | $248,500 | 192 ft |
Most Recent Sale
Current Tax Year