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 ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗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 ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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 2025 · $5K total declared value · Most recent: Aug 2025 (commfdrr)
Farr Plumbing and Heating LLC
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 83
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 3,017 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3025 CLINTON AVE MINNEAPOLIS MN 55408 | M A CHICAIZA & M E CHICAIZA | RESIDENTIAL-TWO UNIT | $224,600 | 42 ft |
| 3017 CLINTON AVE MINNEAPOLIS MN 55408 | TOLOMEO L ONG | APARTMENT | $376,000 | 44 ft |
| 3027 CLINTON AVE MINNEAPOLIS MN 55408 | YESSICA MONTERO BALBOA | RESIDENTIAL-TWO UNIT | $298,500 | 82 ft |
| 3013 CLINTON AVE MINNEAPOLIS MN 55408 | SOTO PROPERTIES LLC | LAND-COMMERCIAL | $101,100 | 88 ft |
| 3029 CLINTON AVE MINNEAPOLIS MN 55408 | CITY OF LAKES COMM LAND TRST | — | $411,000 | 123 ft |
| 3009 CLINTON AVE MINNEAPOLIS MN 55408 | SOTO PROPERTIES LLC | LAND-COMMERCIAL | $117,500 | 136 ft |
| 3016 4TH AVE S MINNEAPOLIS MN 55408 | URBAN VENTURES LEADERSHIP FD | COMMERCIAL-PREFERRED | $0 | 140 ft |
| 3030 4TH AVE S MINNEAPOLIS MN 55408 | URBAN VENTURES LEADERSHIP FD | LAND-COMMERCIAL | $0 | 163 ft |
| 3035 CLINTON AVE MINNEAPOLIS MN 55408 | DAVID A JONES | RESIDENTIAL-TWO UNIT | $217,100 | 163 ft |
| 3010 4TH AVE S MINNEAPOLIS MN 55408 | MUTUAL EQUITY HOLDINGS INC | COMMERCIAL-PREFERRED | $1,100,000 | 178 ft |
Most Recent Sale
Current Tax Year