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.
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 3,030 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3130 1ST AVE S MINNEAPOLIS MN 55408 | NIKKI KRISTENE BRODERICK | RESIDENTIAL | $326,000 | 46 ft |
| 3136 1ST AVE S MINNEAPOLIS MN 55408 | KENNETH BECK | RESIDENTIAL | $212,000 | 46 ft |
| 3140 1ST AVE S MINNEAPOLIS MN 55408 | LOIS J DONNAY | RESIDENTIAL-TWO UNIT | $392,200 | 92 ft |
| 3133 NICOLLET AVE MINNEAPOLIS MN 55408 | JAQUELIN REYES/JOSE AGUIRRE | RESIDENTIAL | $315,400 | 136 ft |
| 3146 1ST AVE S MINNEAPOLIS MN 55408 | JACQUELYN R PALMAREZ | APARTMENT | $537,000 | 138 ft |
| 3137 NICOLLET AVE MINNEAPOLIS MN 55408 | J AGUIRRE & J REYES | RESIDENTIAL-TWO UNIT | $308,000 | 143 ft |
| 3129 NICOLLET AVE MINNEAPOLIS MN 55408 | L&M INVESTMENT GROUP | COMMERCIAL-PREFERRED | $490,000 | 143 ft |
| 3149 NICOLLET AVE MINNEAPOLIS MN 55408 | REYES ENTERPRISES LLC | COMMERCIAL-NON PREFERRED | $890,000 | 178 ft |
| 3133 1ST AVE S MINNEAPOLIS MN 55408 | EXODUS REDEEMER LTD PTNRSHP | LOW INCOME RENTAL | $449,700 | 186 ft |
| 3143 1ST AVE S MINNEAPOLIS MN 55408 | EXODUS REDEEMER LTD PTNRSHP | LOW INCOME RENTAL | $554,000 | 191 ft |
Most Recent Sale
Current Tax Year