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.
3 permits on record since 2018 · $34K total declared value · Most recent: Apr 2024 (roofwind)
GATES GENERAL CONTRACTORS INC
Weld and Sons Plumbing 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 |
|---|---|---|---|---|
| 3153 PARK AVE MINNEAPOLIS MN 55407 | ELIZABETH STEPHENS | RESIDENTIAL | $220,900 | 40 ft |
| 3161 PARK AVE MINNEAPOLIS MN 55407 | EVEREST HOLDINGS LLC | RESIDENTIAL | $351,700 | 48 ft |
| 708 32ND ST E MINNEAPOLIS MN 55407 | JUSTIN DAVIS/RACHEL WORMER | RESIDENTIAL | $242,500 | 52 ft |
| 3149 PARK AVE MINNEAPOLIS MN 55407 | TC HABITAT FOR HUMANITY INC | RESIDENTIAL | $350,000 | 80 ft |
| 710 32ND ST E MINNEAPOLIS MN 55407 | MARY M LIEDL | RESIDENTIAL | $233,500 | 100 ft |
| 3145 PARK AVE MINNEAPOLIS MN 55407 | E R NEUBAUER/S C YACH ET AL | RESIDENTIAL | $484,000 | 120 ft |
| 3156 COLUMBUS AVE MINNEAPOLIS MN 55407 | CONCEPCION R JARA | RESIDENTIAL-TWO UNIT | $325,600 | 130 ft |
| 3152 COLUMBUS AVE MINNEAPOLIS MN 55407 | PHONG V TRUONG | RESIDENTIAL | $374,000 | 136 ft |
| 3201 PARK AVE MINNEAPOLIS MN 55407 | DAVID A YAPLE/CHARILYN YAPLE | RESIDENTIAL-TWO UNIT | $425,400 | 144 ft |
| 3148 COLUMBUS AVE MINNEAPOLIS MN 55407 | T RANDALL & H RANDALL | RESIDENTIAL-TWO UNIT | $376,400 | 152 ft |
Most Recent Sale
Current Tax Year