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 ↗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.
5 permits on record since 2023 · $21K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
Northstar Specialties 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 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 3,066 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3104 CLINTON AVE MINNEAPOLIS MN 55408 | KYU JIN KIM | RESIDENTIAL-TWO UNIT | $358,300 | 45 ft |
| 3112 CLINTON AVE MINNEAPOLIS MN 55408 | ABUKAR FIDOW & ALIYA SAMATAR | RESIDENTIAL | $411,400 | 45 ft |
| 3116 CLINTON AVE MINNEAPOLIS MN 55408 | ASAD AWED | RESIDENTIAL | $356,000 | 90 ft |
| 3100 CLINTON AVE MINNEAPOLIS MN 55408 | HASAN DIIRIYE | RESIDENTIAL | $305,000 | 94 ft |
| 311 31ST ST E MINNEAPOLIS MN 55408 | ANN M ROSE & MICHAEL R ROSE | RESIDENTIAL | $190,000 | 133 ft |
| 3120 CLINTON AVE MINNEAPOLIS MN 55408 | DUQUEIRO DEJESUS CANO | RESIDENTIAL-TWO UNIT | $336,700 | 135 ft |
| 3109 3RD AVE S MINNEAPOLIS MN 55408 | AVELINA MIRELES | RESIDENTIAL | $217,000 | 139 ft |
| 3113 3RD AVE S MINNEAPOLIS MN 55408 | TOLLIE J FLIPPIN JR | RESIDENTIAL-TWO UNIT | $293,200 | 146 ft |
| 3105 3RD AVE S MINNEAPOLIS MN 55408 | R B CHAVIRA & R A DE BARRERA | RESIDENTIAL | $207,100 | 146 ft |
| 3117 3RD AVE S MINNEAPOLIS MN 55408 | MARIA GARCIA | RESIDENTIAL | $213,800 | 166 ft |
Most Recent Sale
Current Tax Year