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 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 · $106K total declared value · Most recent: Sep 2024 (res)
Spetz Plumbing Corporation
PILLAR CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · 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 2,977 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3340 1ST AVE S MINNEAPOLIS MN 55408 | JENNIFER E DAVIS | RESIDENTIAL-TWO UNIT | $337,200 | 45 ft |
| 3348 1ST AVE S MINNEAPOLIS MN 55408 | J J BOREK & A HASTINGS | RESIDENTIAL | $438,900 | 45 ft |
| 3336 1ST AVE S MINNEAPOLIS MN 55408 | ADAM MEYER & KARI PRESTHOLDT | LOW INCOME RENTAL | $343,400 | 90 ft |
| 12 34TH ST E MINNEAPOLIS MN 55408 | A J CUMMINS & A J CUMMINS | RESIDENTIAL-TWO UNIT | $308,600 | 98 ft |
| 3332 1ST AVE S MINNEAPOLIS MN 55408 | JESSE D BERNDT | RESIDENTIAL | $250,000 | 135 ft |
| 6 34TH ST E MINNEAPOLIS MN 55408 | SEAN GAU | RESIDENTIAL-TWO UNIT | $208,500 | 139 ft |
| 3341 NICOLLET AVE MINNEAPOLIS MN 55408 | 3341 NICOLLET AVE LLC | APARTMENT | $795,000 | 144 ft |
| 3337 NICOLLET AVE MINNEAPOLIS MN 55408 | RAY NESET | RESIDENTIAL | $153,900 | 163 ft |
| 3328 1ST AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 180 ft |
| 3345 NICOLLET AVE MINNEAPOLIS MN 55408 | SARAH FAZIO & JOSHUA CARLSON | VACANT LAND-RESIDENTIAL | $75,000 | 180 ft |
Current Tax Year