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.
7 permits on record since 2020 · $29K total declared value · Most recent: May 2025 (tempheat)
Heating and Cooling Design Inc
Llosa LLC
Castro Plumbing and Construction LLC
Llosa LLC
Heating and Cooling Design 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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,344 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3233 PARK AVE MINNEAPOLIS MN 55407 | GENESSIS LOPEZ | RESIDENTIAL-TWO UNIT | $272,100 | 40 ft |
| 3225 PARK AVE MINNEAPOLIS MN 55407 | PATRICK LEEHEY TRUST | RESIDENTIAL | $458,000 | 40 ft |
| 3237 PARK AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 80 ft |
| 3221 PARK AVE MINNEAPOLIS MN 55407 | NEENAH YANG | RESIDENTIAL-TWO UNIT | $335,700 | 80 ft |
| 3241 PARK AVE MINNEAPOLIS MN 55407 | H C FERGUSON & A M FJELSTAD | RESIDENTIAL-TWO UNIT | $438,800 | 120 ft |
| 3217 PARK AVE MINNEAPOLIS MN 55407 | SARAH LECHNER | RESIDENTIAL | $354,000 | 120 ft |
| 3228 COLUMBUS AVE MINNEAPOLIS MN 55407 | NIMO A YUSUF | RESIDENTIAL | $352,000 | 130 ft |
| 3224 COLUMBUS AVE MINNEAPOLIS MN 55407 | JAMES L HARRINGTON | RESIDENTIAL | $254,000 | 135 ft |
| 3232 COLUMBUS AVE MINNEAPOLIS MN 55407 | GRANT G JACKSON & ROSIE MATH | RESIDENTIAL | $303,000 | 136 ft |
| 3220 COLUMBUS AVE MINNEAPOLIS MN 55407 | MARTA L KNUTSON | RESIDENTIAL-TWO UNIT | $397,900 | 152 ft |
Most Recent Sale
Current Tax Year