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 2025 · Most recent: Jun 2025 (existres)
Home Energy Center 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 2,930 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3136 PARK AVE MINNEAPOLIS MN 55407 | PARK 3136 LLC | RESIDENTIAL-TWO UNIT | $387,600 | 46 ft |
| 3144 PARK AVE MINNEAPOLIS MN 55407 | C H YORKHALL & K YORKHALL | RESIDENTIAL | $604,000 | 47 ft |
| 3132 PARK AVE MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | — | $348,000 | 89 ft |
| 3141 OAKLAND AVE MINNEAPOLIS MN 55407 | LUCAS TIDWELL | RESIDENTIAL | $305,700 | 130 ft |
| 3128 PARK AVE MINNEAPOLIS MN 55407 | P M MARQUIS ET AL SUBJ/L E | RESIDENTIAL | $463,000 | 133 ft |
| 3145 OAKLAND AVE MINNEAPOLIS MN 55407 | KATHLEEN M FRANCIS ET AL | RESIDENTIAL | $276,000 | 137 ft |
| 3137 OAKLAND AVE MINNEAPOLIS MN 55407 | RACHEL HEULE | RESIDENTIAL | $217,500 | 138 ft |
| 3133 OAKLAND AVE MINNEAPOLIS MN 55407 | STEVEN JOHN SNYDER | RESIDENTIAL | $285,000 | 158 ft |
| 3124 PARK AVE MINNEAPOLIS MN 55407 | CULLEN T DONOVAN/F A DONOVAN | TRIPLEX | $353,200 | 175 ft |
| 3200 PARK AVE MINNEAPOLIS MN 55407 | DAVID YOUNG & AMBER YOUNG | RESIDENTIAL-TWO UNIT | $488,400 | 175 ft |
Most Recent Sale
Current Tax Year