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.
2 permits on record since 2022 · Most recent: Nov 2025 (existres)
Admiral Radon & Mechanical Services LLC
CENTERPOINT ENERGY
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 |
|---|---|---|---|---|
| 3241 COLUMBUS AVE MINNEAPOLIS MN 55407 | ERIKA J THORNE | RESIDENTIAL-TWO UNIT | $307,100 | 59 ft |
| 3245 COLUMBUS AVE MINNEAPOLIS MN 55407 | JANET SCHMITT | TRIPLEX | $429,300 | 61 ft |
| 3235 COLUMBUS AVE MINNEAPOLIS MN 55407 | JANET M SCHMITT | RESIDENTIAL-TWO UNIT | $266,400 | 93 ft |
| 3244 CHICAGO AVE MINNEAPOLIS MN 55407 | JEFFREY INHOFER | RESIDENTIAL | $464,000 | 96 ft |
| 3242 CHICAGO AVE MINNEAPOLIS MN 55407 | MIGUEL SELVAN LANDEROS ET AL | RESIDENTIAL-TWO UNIT | $275,500 | 105 ft |
| 3301 COLUMBUS AVE MINNEAPOLIS MN 55407 | L R CONDO ZHICAY/B A P-PINDO | RESIDENTIAL-TWO UNIT | $368,500 | 121 ft |
| 3236 CHICAGO AVE MINNEAPOLIS MN 55407 | SEGUNDA A BALVOA ANGAMARCA | RESIDENTIAL | $244,000 | 127 ft |
| 3233 COLUMBUS AVE MINNEAPOLIS MN 55407 | JOSEPH KOTNIK | RESIDENTIAL | $255,000 | 131 ft |
| 3300 CHICAGO AVE MINNEAPOLIS MN 55407 | A IBRAHIM & R S I ABUHAMED | COMMERCIAL-PREFERRED | $383,000 | 151 ft |
| 3232 CHICAGO AVE MINNEAPOLIS MN 55407 | ADERAW L HABTEMARIAM | APARTMENT | $436,000 | 156 ft |
Current Tax Year