Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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.
2 permits on record since 2024 · Most recent: Jan 2026 (existres)
MN Heating and Cooling LLC
CenterPoint Energy Resource Corp
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,211 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3107 2ND AVE S MINNEAPOLIS MN 55408 | CHRISTOPHER LEE | RESIDENTIAL | $416,000 | 46 ft |
| 3111 2ND AVE S MINNEAPOLIS MN 55408 | K M LARSON & B A VITENSE | RESIDENTIAL | $333,000 | 88 ft |
| 3045 2ND AVE S MINNEAPOLIS MN 55408 | YUN XIE & YINYING ZHONG | RESIDENTIAL-TWO UNIT | $338,100 | 108 ft |
| 3115 2ND AVE S MINNEAPOLIS MN 55408 | I NOMPELIS & C E NOMPELIS | RESIDENTIAL-TWO UNIT | $342,700 | 132 ft |
| 3100 3RD AVE S MINNEAPOLIS MN 55408 | LOGAN M OAKGROVE | RESIDENTIAL | $140,000 | 139 ft |
| 3104 3RD AVE S MINNEAPOLIS MN 55408 | ELLIOT BUTAY & CHELSEA BUTAY | RESIDENTIAL | $286,000 | 145 ft |
| 3043 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | VACANT LAND-RESIDENTIAL | $43,000 | 154 ft |
| 212 31ST ST E MINNEAPOLIS MN 55408 | CARLOS ORITZ/M ORTIZ GUALLPA | RESIDENTIAL | $242,700 | 158 ft |
| 3108 3RD AVE S MINNEAPOLIS MN 55408 | D COLAKOVIC & A D SCHROEDER | RESIDENTIAL | $359,000 | 163 ft |
| 3119 2ND AVE S MINNEAPOLIS MN 55408 | A G HAGE & SARAH GARTON | RESIDENTIAL-TWO UNIT | $339,500 | 178 ft |
Current Tax Year