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 ↗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.
6 permits on record since 2006 · $109K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Skyline Exteriors LLC
ELYSIAN CONSTRUCTION INC
RENEWAL BY ANDERSEN CORP
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,352 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3241 COLUMBUS AVE MINNEAPOLIS MN 55407 | ERIKA J THORNE | RESIDENTIAL-TWO UNIT | $307,100 | 49 ft |
| 728 33RD ST E MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 61 ft |
| 3235 COLUMBUS AVE MINNEAPOLIS MN 55407 | JANET M SCHMITT | RESIDENTIAL-TWO UNIT | $266,400 | 87 ft |
| 3301 COLUMBUS AVE MINNEAPOLIS MN 55407 | L R CONDO ZHICAY/B A P-PINDO | RESIDENTIAL-TWO UNIT | $368,500 | 118 ft |
| 3233 COLUMBUS AVE MINNEAPOLIS MN 55407 | JOSEPH KOTNIK | RESIDENTIAL | $255,000 | 126 ft |
| 3244 CHICAGO AVE MINNEAPOLIS MN 55407 | JEFFREY INHOFER | RESIDENTIAL | $464,000 | 157 ft |
| 3244 COLUMBUS AVE MINNEAPOLIS MN 55407 | BCC HOLDINGS LLC | RESIDENTIAL | $267,800 | 158 ft |
| 3242 CHICAGO AVE MINNEAPOLIS MN 55407 | MIGUEL SELVAN LANDEROS ET AL | RESIDENTIAL-TWO UNIT | $275,500 | 163 ft |
| 3240 COLUMBUS AVE MINNEAPOLIS MN 55407 | TRAVIS J COLLINS | RESIDENTIAL-TWO UNIT | $310,700 | 164 ft |
| 3229 COLUMBUS AVE MINNEAPOLIS MN 55407 | K O N QUICHIMBO/D P N PILLCO | RESIDENTIAL-TWO UNIT | $286,800 | 165 ft |
Most Recent Sale
Current Tax Year