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.
2 permits on record since 2017 · Most recent: May 2022 (res)
Farr Plumbing and Heating LLC
Bartylla Plumbing and Heating 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 2,591 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3041 COLUMBUS AVE MINNEAPOLIS MN 55407 | LUZ JARA | LOW INCOME RENTAL | $312,300 | 41 ft |
| 3033 COLUMBUS AVE MINNEAPOLIS MN 55407 | A R H DIAZ & A VAIL-LOPEZ | RESIDENTIAL | $264,000 | 41 ft |
| 3045 COLUMBUS AVE MINNEAPOLIS MN 55407 | MINNESOTA TEEN CHALLENGE INC | RESIDENTIAL-TWO UNIT | $0 | 82 ft |
| 3029 COLUMBUS AVE MINNEAPOLIS MN 55407 | JOSE S M BARRETO ET AL | RESIDENTIAL | $223,000 | 82 ft |
| 3049 COLUMBUS AVE MINNEAPOLIS MN 55407 | MINNESOTA TEEN CHALLENGE INC | RESIDENTIAL-TWO UNIT | $0 | 123 ft |
| 3027 COLUMBUS AVE MINNEAPOLIS MN 55407 | ISSE BARRE HAILE/FAHMO EINTE | RESIDENTIAL | $357,400 | 123 ft |
| 3034 CHICAGO AVE MINNEAPOLIS MN 55407 | JSW PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $263,500 | 137 ft |
| 3040 CHICAGO AVE MINNEAPOLIS MN 55407 | ANDREW LUNNING | RESIDENTIAL | $243,500 | 140 ft |
| 3028 CHICAGO AVE MINNEAPOLIS MN 55407 | TONY SCARVER & JENNY SCARVER | RESIDENTIAL-TWO UNIT | $317,300 | 154 ft |
| 3044 CHICAGO AVE MINNEAPOLIS MN 55407 | MINNESOTA TEEN CHALLENGE INC | COMMERCIAL-PREFERRED | $0 | 159 ft |
Most Recent Sale
Current Tax Year