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.
2 permits on record since 2010 · $260K total declared value · Most recent: Nov 2017 (existres)
Standard Heating and Air Conditioning 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 2,509 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3125 COLUMBUS AVE MINNEAPOLIS MN 55407 | JOKHOROON H FARAH | RESIDENTIAL | $405,000 | 40 ft |
| 3117 COLUMBUS AVE MINNEAPOLIS MN 55407 | DIMITRI KAASAN | RESIDENTIAL-TWO UNIT | $335,800 | 40 ft |
| 3129 COLUMBUS AVE MINNEAPOLIS MN 55407 | UHW R:R III LLC | TRIPLEX | $435,400 | 80 ft |
| 3113 COLUMBUS AVE MINNEAPOLIS MN 55407 | JACOB A SCHLAGEL | LOW INCOME RENTAL | $252,200 | 80 ft |
| 3133 COLUMBUS AVE MINNEAPOLIS MN 55407 | L J & R E DISTAD/R R WERNER | RESIDENTIAL-TWO UNIT | $310,000 | 120 ft |
| 3109 COLUMBUS AVE MINNEAPOLIS MN 55407 | G L HUNSTIGER/M S MCDONOUGH | RESIDENTIAL | $132,000 | 120 ft |
| 3118 CHICAGO AVE MINNEAPOLIS MN 55407 | MARIA D ARIAS & JUANA RIERA | RESIDENTIAL-TWO UNIT | $359,300 | 135 ft |
| 3116 CHICAGO AVE MINNEAPOLIS MN 55407 | JENDAYI AZEEZAH K DIXON | RESIDENTIAL | $283,200 | 141 ft |
| 3124 CHICAGO AVE MINNEAPOLIS MN 55407 | R G E NELSON & E M E NELSON | RESIDENTIAL | $251,300 | 142 ft |
| 3112 CHICAGO AVE MINNEAPOLIS MN 55407 | ANGEL FAVIAN PAUCAR | RESIDENTIAL | $163,000 | 157 ft |
Most Recent Sale
Current Tax Year