ParcelLens
Property Intelligence · Twin Cities
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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.
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 1,495 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1117 31ST ST E MINNEAPOLIS MN 55407 | ALEX PROPERTIES INC | APARTMENT | $546,000 | 61 ft |
| 3108 12TH AVE S MINNEAPOLIS MN 55407 | R DEVET & C DEVET | APARTMENT | $404,000 | 75 ft |
| 3101 11TH AVE S MINNEAPOLIS MN 55407 | NICOLE PAMELIA/DEREK FARDER | RESIDENTIAL | $328,200 | 100 ft |
| 3105 11TH AVE S MINNEAPOLIS MN 55407 | SARA K NELSON | RESIDENTIAL | $201,100 | 100 ft |
| 3109 11TH AVE S MINNEAPOLIS MN 55407 | DUE NORTH HOMES LLC | RESIDENTIAL-TWO UNIT | $272,600 | 113 ft |
| 3048 12TH AVE S MINNEAPOLIS MN 55407 | M E ERICKSON ET AL | APARTMENT | $467,000 | 134 ft |
| 3111 11TH AVE S MINNEAPOLIS MN 55407 | MANUEL SAUL BUNAY CABRERA | RESIDENTIAL | $212,900 | 142 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | CAITLIN FITZGERALD | CONDOMINIUM | $124,000 | 153 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | J HAMER-LIGHT & J RESSLER | CONDOMINIUM | $124,000 | 153 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | ROSARIO FAJARDO | CONDOMINIUM | $92,000 | 153 ft |
Most Recent Sale
Current Tax Year