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.
3 permits on record since 2017 · $36K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
Trusted Builders LLC
TWIN CITY CONTRACTING
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 2,236 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3317 1ST AVE S MINNEAPOLIS MN 55408 | CAPITAL PROPERTY INC | APARTMENT | $1,057,000 | 43 ft |
| 3325 1ST AVE S MINNEAPOLIS MN 55408 | PATRICK M TOBISCH | RESIDENTIAL-TWO UNIT | $420,700 | 47 ft |
| 3329 1ST AVE S MINNEAPOLIS MN 55408 | STEPHEN J COOL | RESIDENTIAL | $391,000 | 91 ft |
| 3315 1ST AVE S MINNEAPOLIS MN 55408 | REBECCA L KANE & RYAN BAHE | RESIDENTIAL-TWO UNIT | $447,700 | 91 ft |
| 3335 1ST AVE S MINNEAPOLIS MN 55408 | E J FAZIO ET AL REV I V TR | RESIDENTIAL | $383,000 | 136 ft |
| 3309 1ST AVE S MINNEAPOLIS MN 55408 | HUSSEIN YUSUF MOHAMED | RESIDENTIAL | $357,800 | 136 ft |
| 3322 STEVENS AVE MINNEAPOLIS MN 55408 | KINGSLEY NWAIWU | RESIDENTIAL-TWO UNIT | $303,500 | 154 ft |
| 3316 STEVENS AVE MINNEAPOLIS MN 55408 | E M MONTES & M MONTES | RESIDENTIAL | $289,000 | 161 ft |
| 3324 STEVENS AVE MINNEAPOLIS MN 55408 | NANCY J CHIQUI LLAPA ET AL | RESIDENTIAL-TWO UNIT | $410,900 | 161 ft |
| 3320 1ST AVE S MINNEAPOLIS MN 55408 | PAMELA J PARKER | RESIDENTIAL | $394,000 | 174 ft |
Most Recent Sale
Current Tax Year