ParcelLens
Property Intelligence · Twin Cities
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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.
No permits found in Minneapolis open data for this parcel.
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 3,136 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3020 3RD AVE S MINNEAPOLIS MN 55408 | CHERYLEE A SHERRY | APARTMENT | $345,000 | 46 ft |
| 3024 3RD AVE S MINNEAPOLIS MN 55408 | VICTOR M A PASTRANA ET AL | LOW INCOME RENTAL | $279,000 | 92 ft |
| 215 LAKE ST E MINNEAPOLIS MN 55408 | ULAM COMMERCIAL PROPRTES LLC | COMMERCIAL-PREFERRED | $755,000 | 113 ft |
| 3028 3RD AVE S MINNEAPOLIS MN 55408 | LIBIO QUINTUNA LLAPA | RESIDENTIAL-TWO UNIT | $267,700 | 138 ft |
| 3025 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | COMMERCIAL-PREFERRED | $211,300 | 155 ft |
| 207 LAKE ST E MINNEAPOLIS MN 55408 | SABRI COMMONS NORTH LLC | COMMERCIAL-PREFERRED | $2,120,000 | 175 ft |
| 3032 3RD AVE S MINNEAPOLIS MN 55408 | S SWANSON & C J R SANCHEZ | RESIDENTIAL-TWO UNIT | $344,900 | 184 ft |
| 3009 3RD AVE S MINNEAPOLIS MN 55408 | C SOUSSI & F SOUSSI ET AL | COMMERCIAL-PREFERRED | $968,000 | 194 ft |
| 3025 3RD AVE S MINNEAPOLIS MN 55408 | SCOTT J STANGLER | RESIDENTIAL-TWO UNIT | $301,900 | 211 ft |
| 201 LAKE ST E MINNEAPOLIS MN 55408 | KHANAT HOLDINGS LLC | APARTMENT | $1,790,000 | 220 ft |
Most Recent Sale
Current Tax Year