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 ↗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.
4 permits on record since 2023 · $455K total declared value · Most recent: Oct 2023 (commercial minor)
All Climate Mechanical LLC
All Climate Mechanical LLC
Marchand Plumbing and Gas LLC
DIOR CONSULTING LLC
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
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 |
|---|---|---|---|---|
| 3332 3RD AVE S MINNEAPOLIS MN 55408 | FARDOWZA OMAR | RESIDENTIAL | $305,000 | 45 ft |
| 3340 3RD AVE S MINNEAPOLIS MN 55408 | JOSE LLAPA CAMPOVERDE | RESIDENTIAL | $254,300 | 45 ft |
| 3328 3RD AVE S MINNEAPOLIS MN 55408 | JSW PROPERTIES LLC | RESIDENTIAL | $168,000 | 90 ft |
| 3344 3RD AVE S MINNEAPOLIS MN 55408 | F N FINTIMILLA/M M ENCALADA | RESIDENTIAL | $310,000 | 90 ft |
| 3324 3RD AVE S MINNEAPOLIS MN 55408 | L E G AVILA & L GONZALEZ | RESIDENTIAL | $270,700 | 135 ft |
| 3346 3RD AVE S MINNEAPOLIS MN 55408 | PINEWOOD LLC | RESIDENTIAL-TWO UNIT | $296,600 | 137 ft |
| 3337 2ND AVE S MINNEAPOLIS MN 55408 | YUE'S TRUST | RESIDENTIAL | $349,000 | 140 ft |
| 212 34TH ST E MINNEAPOLIS MN 55408 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $229,200 | 142 ft |
| 3333 2ND AVE S MINNEAPOLIS MN 55408 | ERIC L STRACK | RESIDENTIAL | $434,600 | 147 ft |
| 3341 2ND AVE S MINNEAPOLIS MN 55408 | SIGNED PAINTING INC | VACANT LAND-RESIDENTIAL | $43,000 | 147 ft |