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.
4 permits on record since 2020 · $700 total declared value · Most recent: Apr 2026 (misc)
RIVERVIEW WINDOW INC
CenterPoint Energy Resource Corp
Metro Heating & Cooling LLC
Metro Heating & Cooling 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 3,138 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3020 3RD AVE S MINNEAPOLIS MN 55408 | CHERYLEE A SHERRY | APARTMENT | $345,000 | 46 ft |
| 3028 3RD AVE S MINNEAPOLIS MN 55408 | LIBIO QUINTUNA LLAPA | RESIDENTIAL-TWO UNIT | $267,700 | 46 ft |
| 3018 3RD AVE S MINNEAPOLIS MN 55408 | PRIME GROUP PROPERTIES LLC | LAND-COMMERCIAL | $105,300 | 92 ft |
| 3032 3RD AVE S MINNEAPOLIS MN 55408 | S SWANSON & C J R SANCHEZ | RESIDENTIAL-TWO UNIT | $344,900 | 92 ft |
| 3036 3RD AVE S MINNEAPOLIS MN 55408 | REGAN 3036 LLC | LOW INCOME RENTAL | $569,000 | 138 ft |
| 3025 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | COMMERCIAL-PREFERRED | $211,300 | 141 ft |
| 3025 3RD AVE S MINNEAPOLIS MN 55408 | SCOTT J STANGLER | RESIDENTIAL-TWO UNIT | $301,900 | 193 ft |
| 3037 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | RESIDENTIAL | $0 | 195 ft |
| 3029 3RD AVE S MINNEAPOLIS MN 55408 | M R M ENCALADA & F D NIETO | RESIDENTIAL | $254,000 | 196 ft |
| 215 LAKE ST E MINNEAPOLIS MN 55408 | ULAM COMMERCIAL PROPRTES LLC | COMMERCIAL-PREFERRED | $755,000 | 205 ft |
Most Recent Sale
Current Tax Year