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.
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 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 2,249 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3336 STEVENS AVE MINNEAPOLIS MN 55408 | HERMACH INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $273,600 | 40 ft |
| 3330 STEVENS AVE MINNEAPOLIS MN 55408 | JOSEF HOFFMAN | RESIDENTIAL-TWO UNIT | $334,500 | 45 ft |
| 3340 STEVENS AVE MINNEAPOLIS MN 55408 | E J BRUNNER & K T POWELL | APARTMENT | $557,000 | 85 ft |
| 3324 STEVENS AVE MINNEAPOLIS MN 55408 | NANCY J CHIQUI LLAPA ET AL | RESIDENTIAL-TWO UNIT | $410,900 | 95 ft |
| 3344 STEVENS AVE MINNEAPOLIS MN 55408 | ANYANWU E.N. LIVING TRUST | RESIDENTIAL-TWO UNIT | $269,600 | 130 ft |
| 3322 STEVENS AVE MINNEAPOLIS MN 55408 | KINGSLEY NWAIWU | RESIDENTIAL-TWO UNIT | $303,500 | 140 ft |
| 3335 1ST AVE S MINNEAPOLIS MN 55408 | E J FAZIO ET AL REV I V TR | RESIDENTIAL | $383,000 | 142 ft |
| 3337 1ST AVE S MINNEAPOLIS MN 55408 | S A FAZIO/J BEN-NOAH CARLSON | RESIDENTIAL | $400,000 | 147 ft |
| 3329 1ST AVE S MINNEAPOLIS MN 55408 | STEPHEN J COOL | RESIDENTIAL | $391,000 | 150 ft |
| 112 34TH ST E MINNEAPOLIS MN 55408 | LOGAN BISHOPWRIGHT | RESIDENTIAL | $228,000 | 164 ft |
Most Recent Sale
Current Tax Year