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 ↗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 ↗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.
1 permit on record since 2024 · $9K total declared value · Most recent: Aug 2024 (misc)
Minnesota Restoration Contractors INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 84
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 2,354 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3024 COLUMBUS AVE MINNEAPOLIS MN 55407 | CHARLES E LANE | RESIDENTIAL | $352,000 | 40 ft |
| 3032 COLUMBUS AVE MINNEAPOLIS MN 55407 | SUNITA PERSAUD | RESIDENTIAL | $299,000 | 40 ft |
| 3020 COLUMBUS AVE MINNEAPOLIS MN 55407 | CLARICE ANN WILSON | RESIDENTIAL-TWO UNIT | $351,200 | 80 ft |
| 3036 COLUMBUS AVE MINNEAPOLIS MN 55407 | LARRY W JOHNSON | RESIDENTIAL | $242,000 | 80 ft |
| 3016 COLUMBUS AVE MINNEAPOLIS MN 55407 | STEPHANIE ANN REINITZ | RESIDENTIAL-TWO UNIT | $428,700 | 120 ft |
| 3040 COLUMBUS AVE MINNEAPOLIS MN 55407 | J M MOROCHO & M C T CURILLO | RESIDENTIAL | $382,000 | 120 ft |
| 3029 PARK AVE MINNEAPOLIS MN 55407 | UBAH ABDI | RESIDENTIAL | $392,000 | 130 ft |
| 3033 PARK AVE MINNEAPOLIS MN 55407 | 3033 PARK AVENUE MN LLC | TRIPLEX | $465,900 | 136 ft |
| 3025 PARK AVE MINNEAPOLIS MN 55407 | JONATHAN WOLF/KATHERINE WOLF | APARTMENT | $454,000 | 137 ft |
| 3037 PARK AVE MINNEAPOLIS MN 55407 | MANUEL LALA & DIANA G VEGA | RESIDENTIAL-TWO UNIT | $306,200 | 152 ft |
Most Recent Sale
Current Tax Year