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 2017 · $14K total declared value · Most recent: Dec 2023 (roofwind)
SHADY M CHAHOUD
LACY MECHANICAL LLC
LACY MECHANICAL LLC
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 5,175 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3149 COLUMBUS AVE MINNEAPOLIS MN 55407 | ADAM M ISMAIL | RESIDENTIAL | $444,400 | 56 ft |
| 3161 COLUMBUS AVE MINNEAPOLIS MN 55407 | JOSEPH J A SALDANHA | RESIDENTIAL | $220,900 | 57 ft |
| 3145 COLUMBUS AVE MINNEAPOLIS MN 55407 | MARIA C YUPA MOROCHO ET AL | RESIDENTIAL | $224,000 | 96 ft |
| 3152 CHICAGO AVE MINNEAPOLIS MN 55407 | SANTIAGO D GUACHAMIN ASTIEDA | RESIDENTIAL-TWO UNIT | $379,200 | 136 ft |
| 3141 COLUMBUS AVE MINNEAPOLIS MN 55407 | DAVID T ROWE | RESIDENTIAL | $270,600 | 136 ft |
| 3156 CHICAGO AVE MINNEAPOLIS MN 55407 | KIMBERLY B CHRISTOFFEL RV TR | RESIDENTIAL | $263,200 | 137 ft |
| 3148 CHICAGO AVE MINNEAPOLIS MN 55407 | J SATTERTHWAITE & E LEE | RESIDENTIAL | $290,800 | 146 ft |
| 3160 CHICAGO AVE MINNEAPOLIS MN 55407 | J E STRADER & A J JOSEPH | RESIDENTIAL | $233,800 | 148 ft |
| 3201 COLUMBUS AVE MINNEAPOLIS MN 55407 | PHYLLIS C SOLON | RESIDENTIAL | $347,000 | 162 ft |
| 3144 CHICAGO AVE MINNEAPOLIS MN 55407 | PEDRO R CUZCO/MARIA G PARRA | RESIDENTIAL | $204,000 | 165 ft |
Most Recent Sale
Current Tax Year