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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
13 permits on record since 2016 · $210K total declared value · Most recent: Apr 2024 (commercial minor)
MN Plumbing & Home Services INC
(Solar Work) Apadana LLC
MN Plumbing & Home Services INC
Lake State Plumbing LLC
SELA ROOFING COMMERCIAL
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3053 14TH AVE S MINNEAPOLIS MN 55407 | VU PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $283,500 | 48 ft |
| 3047 14TH AVE S MINNEAPOLIS MN 55407 | AISHA UPTON AZZAM/A T AZZAM | RESIDENTIAL | $252,400 | 87 ft |
| 3101 14TH AVE S MINNEAPOLIS MN 55407 | SALEM EVANG FREE CHURCH | COMMERCIAL-PREFERRED | $0 | 117 ft |
| 3043 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 125 ft |
| 3054 15TH AVE S MINNEAPOLIS MN 55407 | M O'HARA & M GAWRYK | RESIDENTIAL | $355,700 | 138 ft |
| 3052 15TH AVE S MINNEAPOLIS MN 55407 | M O'HARA & M GAWRYK | VACANT LAND-RESIDENTIAL | $9,000 | 143 ft |
| 3050 15TH AVE S MINNEAPOLIS MN 55407 | CRISTIAN A PRADA TRUST | RESIDENTIAL | $188,100 | 148 ft |
| 3041 14TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $178,600 | 160 ft |
| 3046 15TH AVE S MINNEAPOLIS MN 55407 | F J GREICO/M HAYES-GREICO | RESIDENTIAL | $237,400 | 164 ft |
| 3107 14TH AVE S MINNEAPOLIS MN 55407 | JESSICA E VELEZ VELEZ | RESIDENTIAL-TWO UNIT | $309,000 | 167 ft |
Most Recent Sale
Current Tax Year