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 ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 2021 · Most recent: Oct 2021 (existres)
Aaztec Heating and Air Conditioning 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 2,374 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3028 PORTLAND AVE MINNEAPOLIS MN 55407 | EDISON L M URGILES | RESIDENTIAL | $218,700 | 40 ft |
| 3020 PORTLAND AVE MINNEAPOLIS MN 55407 | MORRIS LEWIS | RESIDENTIAL | $211,300 | 42 ft |
| 3032 PORTLAND AVE MINNEAPOLIS MN 55407 | ZE GUI QIU | RESIDENTIAL | $186,300 | 80 ft |
| 3016 PORTLAND AVE MINNEAPOLIS MN 55407 | 3016 PORTLAND AVENUE LLC | TRIPLEX | $518,700 | 86 ft |
| 3036 PORTLAND AVE MINNEAPOLIS MN 55407 | MARCO V G PICHAZACA ET AL | RESIDENTIAL | $443,900 | 123 ft |
| 3014 PORTLAND AVE MINNEAPOLIS MN 55407 | E A GUALLPA DURAZNO ETAL | RESIDENTIAL | $140,000 | 123 ft |
| 3025 5TH AVE S MINNEAPOLIS MN 55408 | CAMEY PROPERTIES LLC | LAND-COMMERCIAL | $84,900 | 130 ft |
| 3029 5TH AVE S MINNEAPOLIS MN 55408 | JON BARTELT | RESIDENTIAL | $265,500 | 136 ft |
| 3021 5TH AVE S MINNEAPOLIS MN 55408 | CAMEY PROPERTIES LLC | COMMERCIAL-PREFERRED | $850,000 | 146 ft |
| 3033 5TH AVE S MINNEAPOLIS MN 55408 | EVE PECKENPAUGH | RESIDENTIAL | $432,600 | 153 ft |
Current Tax Year