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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Current Tax Year
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 |
|---|---|---|---|---|
| 3125 1ST AVE S MINNEAPOLIS MN 55408 | MN TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 33 ft |
| 3117 1ST AVE S MINNEAPOLIS MN 55408 | MN TEEN CHALLENGE INC | APARTMENT | $0 | 92 ft |
| 3133 1ST AVE S MINNEAPOLIS MN 55408 | EXODUS REDEEMER LTD PTNRSHP | LOW INCOME RENTAL | $449,700 | 116 ft |
| 3118 STEVENS AVE MINNEAPOLIS MN 55408 | MINNESOTA TEEN CHALLENGE INC | APARTMENT | $1,882,000 | 135 ft |
| 3128 STEVENS AVE MINNEAPOLIS MN 55408 | 116 E 32ND STREET LLC | LAND-COMMERCIAL | $118,800 | 166 ft |
| 3137 1ST AVE S MINNEAPOLIS MN 55408 | EXODUS REDEEMER LTD PTNRSHP | LOW INCOME RENTAL | $375,100 | 184 ft |
| 3115 1ST AVE S MINNEAPOLIS MN 55408 | MN TEEN CHALLENGE INC | APARTMENT | $0 | 184 ft |
| 3132 STEVENS AVE MINNEAPOLIS MN 55408 | 116 E 32ND STREET LLC | LAND-COMMERCIAL | $118,800 | 195 ft |
| 3110 STEVENS AVE MINNEAPOLIS MN 55408 | MN TEEN CHALLENGE INC | APARTMENT | $0 | 208 ft |
| 3130 1ST AVE S MINNEAPOLIS MN 55408 | NIKKI KRISTENE BRODERICK | RESIDENTIAL | $326,000 | 210 ft |