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 2023 · $12K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
SHOWCASE EXTERIORS INC
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.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3046 3RD AVE S MINNEAPOLIS MN 55408 | ALLISON ADELLE BROEREN | RESIDENTIAL | $636,000 | 64 ft |
| 3036 3RD AVE S MINNEAPOLIS MN 55408 | REGAN 3036 LLC | LOW INCOME RENTAL | $569,000 | 85 ft |
| 3045 2ND AVE S MINNEAPOLIS MN 55408 | YUN XIE & YINYING ZHONG | RESIDENTIAL-TWO UNIT | $338,100 | 92 ft |
| 3043 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | VACANT LAND-RESIDENTIAL | $43,000 | 92 ft |
| 3037 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | RESIDENTIAL | $0 | 113 ft |
| 3032 3RD AVE S MINNEAPOLIS MN 55408 | S SWANSON & C J R SANCHEZ | RESIDENTIAL-TWO UNIT | $344,900 | 125 ft |
| 3100 3RD AVE S MINNEAPOLIS MN 55408 | LOGAN M OAKGROVE | RESIDENTIAL | $140,000 | 138 ft |
| 3101 2ND AVE S MINNEAPOLIS MN 55408 | SANDRA K ALLISON | RESIDENTIAL | $286,000 | 158 ft |
| 3028 3RD AVE S MINNEAPOLIS MN 55408 | LIBIO QUINTUNA LLAPA | RESIDENTIAL-TWO UNIT | $267,700 | 168 ft |
| 3104 3RD AVE S MINNEAPOLIS MN 55408 | ELLIOT BUTAY & CHELSEA BUTAY | RESIDENTIAL | $286,000 | 179 ft |
Most Recent Sale
Current Tax Year