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.
2 permits on record since 2022 · Most recent: Jul 2025 (res)
MN Plumbing & Home Services INC
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 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,127 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3109 4TH AVE S MINNEAPOLIS MN 55408 | JUAN & MARTHA C GUADARRAMA | RESIDENTIAL | $346,900 | 45 ft |
| 3119 4TH AVE S MINNEAPOLIS MN 55408 | SAMIA YUSUF MAHMUD | RESIDENTIAL | $329,000 | 48 ft |
| 3105 4TH AVE S MINNEAPOLIS MN 55408 | MUKANYA PROPERTIES LLC | APARTMENT | $453,000 | 90 ft |
| 3121 4TH AVE S MINNEAPOLIS MN 55408 | JOHNNIE CLARK JR | RESIDENTIAL | $329,000 | 98 ft |
| 405 31ST ST E MINNEAPOLIS MN 55408 | JUFH ENTERPRISES LLC | CONDOMINIUM | $379,300 | 139 ft |
| 407 31ST ST E MINNEAPOLIS MN 55408 | JUFH ENTERPRISES LLC | CONDOMINIUM | $379,300 | 139 ft |
| 409 31ST ST E MINNEAPOLIS MN 55408 | JUFH ENTERPRISES LLC | CONDOMINIUM | $379,400 | 139 ft |
| MN | Unknown | — | — | 139 ft |
| 3112 5TH AVE S MINNEAPOLIS MN 55408 | BRENT LOWRY | RESIDENTIAL-TWO UNIT | $379,100 | 141 ft |
| 3110 5TH AVE S MINNEAPOLIS MN 55408 | W I P ARIZA & J J P ARIZA | RESIDENTIAL-TWO UNIT | $354,300 | 147 ft |
Most Recent Sale
Current Tax Year