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.
1 permit on record since 2019 · $2K total declared value · Most recent: Sep 2019 (misc)
Nelson Molina
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 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 4,349 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3136 4TH AVE S MINNEAPOLIS MN 55408 | MICHAEL PAUL ALLEN | RESIDENTIAL | $330,000 | 54 ft |
| 3144 4TH AVE S MINNEAPOLIS MN 55408 | JUDY HALBROOK | RESIDENTIAL | $237,000 | 57 ft |
| 338 32ND ST E MINNEAPOLIS MN 55408 | COURTNEY SISLER | RESIDENTIAL | $256,000 | 64 ft |
| 3132 4TH AVE S MINNEAPOLIS MN 55408 | ALEXANDRA A KELLY JOHNSON | RESIDENTIAL | $340,000 | 104 ft |
| 3141 CLINTON AVE MINNEAPOLIS MN 55408 | SHAD CHALLIS ET AL | RESIDENTIAL | $310,000 | 140 ft |
| 3137 CLINTON AVE MINNEAPOLIS MN 55408 | JEFFREY THOMAS STUDENSKI | APARTMENT | $569,000 | 145 ft |
| 3145 CLINTON AVE MINNEAPOLIS MN 55408 | JEFFREY A TATE II | RESIDENTIAL-TWO UNIT | $334,100 | 149 ft |
| 3126 4TH AVE S MINNEAPOLIS MN 55408 | B SISNEROZ & E ZINSLI | RESIDENTIAL-TWO UNIT | $407,800 | 162 ft |
| 3133 CLINTON AVE MINNEAPOLIS MN 55408 | SHAMSO B MOHOMED | RESIDENTIAL | $340,100 | 163 ft |
| 3200 4TH AVE S MINNEAPOLIS MN 55408 | HALIMA SIDOW | RESIDENTIAL | $152,100 | 175 ft |
Most Recent Sale
Current Tax Year