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 ↗Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 2024 · $10K total declared value · Most recent: Oct 2024 (misc)
WONDERFUL HOME BUILDERS LLC
Warners Stellian Co Inc
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 96
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 2,464 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3724 12TH AVE S MINNEAPOLIS MN 55407 | M A SCHULTZ & J L RAYMOND | RESIDENTIAL | $303,000 | 40 ft |
| 3716 12TH AVE S MINNEAPOLIS MN 55407 | PAUL L MERRELL TRUST | RESIDENTIAL | $262,200 | 40 ft |
| 3728 12TH AVE S MINNEAPOLIS MN 55407 | T L HOLT & L R HOLT | RESIDENTIAL | $284,300 | 80 ft |
| 3712 12TH AVE S MINNEAPOLIS MN 55407 | EMILY BAIL/ROBERT C KING III | RESIDENTIAL | $360,000 | 80 ft |
| 3708 12TH AVE S MINNEAPOLIS MN 55407 | O G CROZIER & K E MCMAHON | RESIDENTIAL | $215,600 | 119 ft |
| 3732 12TH AVE S MINNEAPOLIS MN 55407 | SCOTT BEUTEL & CAYLEY BAIRD | RESIDENTIAL | $299,600 | 120 ft |
| 3721 11TH AVE S MINNEAPOLIS MN 55407 | GRACE WELCH | CONDOMINIUM | $168,000 | 135 ft |
| 3721 11TH AVE S MINNEAPOLIS MN 55407 | MARIA JOHNSON | CONDOMINIUM | $163,000 | 135 ft |
| 3721 11TH AVE S MINNEAPOLIS MN 55407 | CAITLIN ANN PINE | CONDOMINIUM | $156,000 | 135 ft |
| 3721 11TH AVE S MINNEAPOLIS MN 55407 | KYLE FRAULY | CONDOMINIUM | $167,000 | 135 ft |
Most Recent Sale
Current Tax Year