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 ↗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.
3 permits on record since 2023 · $14K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
Admiral Radon & Mechanical Services LLC
Rhino Builders LLC
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 2,352 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3136 COLUMBUS AVE MINNEAPOLIS MN 55407 | DAVID H DIPMAN & WIFE | RESIDENTIAL | $178,000 | 40 ft |
| 3144 COLUMBUS AVE MINNEAPOLIS MN 55407 | PPL DECC LIMITED PARTNERSHIP | LOW INCOME RENTAL | $314,800 | 40 ft |
| 3132 COLUMBUS AVE MINNEAPOLIS MN 55407 | J M JOURNEY HEINZ & A T WOLF | RESIDENTIAL-TWO UNIT | $321,200 | 80 ft |
| 3148 COLUMBUS AVE MINNEAPOLIS MN 55407 | T RANDALL & H RANDALL | RESIDENTIAL-TWO UNIT | $376,400 | 80 ft |
| 3128 COLUMBUS AVE MINNEAPOLIS MN 55407 | JUDY PAUL | RESIDENTIAL | $354,000 | 120 ft |
| 3152 COLUMBUS AVE MINNEAPOLIS MN 55407 | PHONG V TRUONG | RESIDENTIAL | $374,000 | 120 ft |
| 3141 PARK AVE MINNEAPOLIS MN 55407 | VICTORIA F MAHONEY TRUSTEE | RESIDENTIAL-TWO UNIT | $393,000 | 130 ft |
| 3145 PARK AVE MINNEAPOLIS MN 55407 | E R NEUBAUER/S C YACH ET AL | RESIDENTIAL | $484,000 | 136 ft |
| 3137 PARK AVE MINNEAPOLIS MN 55407 | J R NOVAK & B L GREENWALD | RESIDENTIAL | $353,000 | 137 ft |
| 3149 PARK AVE MINNEAPOLIS MN 55407 | TC HABITAT FOR HUMANITY INC | RESIDENTIAL | $350,000 | 152 ft |
Most Recent Sale
Current Tax Year