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 ↗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 2023 · $23K total declared value · Most recent: Oct 2023 (misc)
CAPITAL CONSTRUCTION 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 2,343 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3212 PARK AVE MINNEAPOLIS MN 55407 | JESUS COLIMA | RESIDENTIAL-TWO UNIT | $267,800 | 40 ft |
| 3220 PARK AVE MINNEAPOLIS MN 55407 | KATHERINE L SCHAEFER | RESIDENTIAL-TWO UNIT | $372,800 | 40 ft |
| 3208 PARK AVE MINNEAPOLIS MN 55407 | RAHMO MAALIN ALI/HALIMO ALI | RESIDENTIAL | $372,400 | 80 ft |
| 3224 PARK AVE MINNEAPOLIS MN 55407 | JOSE CAETANO YUPANGUI BALBOA | RESIDENTIAL-TWO UNIT | $356,100 | 80 ft |
| 3228 PARK AVE MINNEAPOLIS MN 55407 | DANIEL MICHAEL SHEEHY | RESIDENTIAL | $437,000 | 124 ft |
| 3204 PARK AVE MINNEAPOLIS MN 55407 | 3204 PARK LLC | RESIDENTIAL-TWO UNIT | $448,500 | 124 ft |
| 3217 OAKLAND AVE MINNEAPOLIS MN 55407 | D L LARSON & R M LARSON | RESIDENTIAL | $205,000 | 130 ft |
| 3223 OAKLAND AVE MINNEAPOLIS MN 55407 | MIGUEL VICTOR LLAPA | RESIDENTIAL-TWO UNIT | $286,900 | 135 ft |
| 3215 OAKLAND AVE MINNEAPOLIS MN 55407 | K E DORMER & V M MCLAURIN | RESIDENTIAL | $266,000 | 136 ft |
| 3225 OAKLAND AVE MINNEAPOLIS MN 55407 | C BAGWELL & R SIMMONS | RESIDENTIAL | $384,600 | 152 ft |
Most Recent Sale
Current Tax Year