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 ↗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.
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
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 3,092 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3321 2ND AVE S MINNEAPOLIS MN 55408 | XAVIER'S LLC | APARTMENT | $368,000 | 45 ft |
| 3315 2ND AVE S MINNEAPOLIS MN 55408 | RUBY S HEMPHILL-BONNER | RESIDENTIAL-TWO UNIT | $382,700 | 45 ft |
| 3325 2ND AVE S MINNEAPOLIS MN 55408 | RAMIA A ALI | RESIDENTIAL | $286,000 | 90 ft |
| 3309 2ND AVE S MINNEAPOLIS MN 55408 | TOLLIE J FLIPPIN JR | RESIDENTIAL-TWO UNIT | $330,900 | 90 ft |
| 3329 2ND AVE S MINNEAPOLIS MN 55408 | MINNLAND LTD LIABILITY CO | APARTMENT | $521,000 | 135 ft |
| 3305 2ND AVE S MINNEAPOLIS MN 55408 | M J BURR & R J KIRBY | RESIDENTIAL | $294,000 | 135 ft |
| 3316 3RD AVE S MINNEAPOLIS MN 55408 | 3316 3RD AVE S LLC | RESIDENTIAL-TWO UNIT | $357,200 | 140 ft |
| 3312 3RD AVE S MINNEAPOLIS MN 55408 | ERIC ANDERSEN | RESIDENTIAL | $319,000 | 147 ft |
| 3320 3RD AVE S MINNEAPOLIS MN 55408 | EMILY MCBRIDE/AARON BICKNER | RESIDENTIAL | $220,800 | 147 ft |
| 3308 3RD AVE S MINNEAPOLIS MN 55408 | EMMA TORZS | RESIDENTIAL | $333,600 | 166 ft |
Most Recent Sale
Current Tax Year