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.
4 permits on record since 2023 · $16K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Manuel Fernandez
Manuel Fernandez
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 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 3,116 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3144 5TH AVE S MINNEAPOLIS MN 55408 | NEWBRIDGE CAPITAL SOLS LLC | RESIDENTIAL | $72,000 | 43 ft |
| 3136 5TH AVE S MINNEAPOLIS MN 55408 | CHRISTIAN J ARIAS | TRIPLEX | $390,800 | 45 ft |
| 3132 5TH AVE S MINNEAPOLIS MN 55408 | HAMID H ABUKAR | RESIDENTIAL | $197,600 | 90 ft |
| 3128 5TH AVE S MINNEAPOLIS MN 55408 | KELIS HOUSTON | RESIDENTIAL-TWO UNIT | $446,600 | 135 ft |
| 3141 4TH AVE S MINNEAPOLIS MN 55408 | WALTER L GUTZMER | RESIDENTIAL | $257,000 | 141 ft |
| 3145 4TH AVE S MINNEAPOLIS MN 55408 | G W K CARLYLE/M P K CARLYLE | RESIDENTIAL | $191,000 | 147 ft |
| 3129 4TH AVE S MINNEAPOLIS MN 55408 | MAMIE L MORRISON | RESIDENTIAL | $332,000 | 157 ft |
| 3200 5TH AVE S MINNEAPOLIS MN 55408 | M MORALES & I V MORALES | RESIDENTIAL-TWO UNIT | $234,800 | 168 ft |
| 413 32ND ST E MINNEAPOLIS MN 55408 | SARAH E BILOON | RESIDENTIAL | $202,500 | 173 ft |
| 3124 5TH AVE S MINNEAPOLIS MN 55408 | T KEARNEY & C KEARNEY | RESIDENTIAL | $253,700 | 180 ft |
Most Recent Sale
Current Tax Year