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 2020 · $48K total declared value · Most recent: May 2024 (misc)
GATES GENERAL CONTRACTORS INC
GATES GENERAL CONTRACTORS INC
Weld and Sons Plumbing 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3049 COLUMBUS AVE MINNEAPOLIS MN 55407 | MINNESOTA TEEN CHALLENGE INC | RESIDENTIAL-TWO UNIT | $0 | 41 ft |
| 3041 COLUMBUS AVE MINNEAPOLIS MN 55407 | LUZ JARA | LOW INCOME RENTAL | $312,300 | 41 ft |
| 3037 COLUMBUS AVE MINNEAPOLIS MN 55407 | FOUNDING BRICKS INC | TRIPLEX | $420,200 | 82 ft |
| 3033 COLUMBUS AVE MINNEAPOLIS MN 55407 | A R H DIAZ & A VAIL-LOPEZ | RESIDENTIAL | $264,000 | 123 ft |
| 3044 CHICAGO AVE MINNEAPOLIS MN 55407 | MINNESOTA TEEN CHALLENGE INC | COMMERCIAL-PREFERRED | $0 | 135 ft |
| 3050 CHICAGO AVE MINNEAPOLIS MN 55407 | LEANNA C MCREYNOLDS ET AL | RESIDENTIAL | $257,000 | 142 ft |
| 3040 CHICAGO AVE MINNEAPOLIS MN 55407 | ANDREW LUNNING | RESIDENTIAL | $243,500 | 143 ft |
| 3103 COLUMBUS AVE MINNEAPOLIS MN 55407 | PINEVIEW PROPERTIES LLC | RESIDENTIAL | $339,000 | 150 ft |
| 3029 COLUMBUS AVE MINNEAPOLIS MN 55407 | JOSE S M BARRETO ET AL | RESIDENTIAL | $223,000 | 164 ft |
| 3034 CHICAGO AVE MINNEAPOLIS MN 55407 | JSW PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $263,500 | 169 ft |
Most Recent Sale
Current Tax Year