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.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 4,937 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3241 2ND AVE S MINNEAPOLIS MN 55408 | K DURAI & R KAMALASEGARAN | RESIDENTIAL | $297,000 | 69 ft |
| 203 33RD ST E MINNEAPOLIS MN 55408 | SN3 LLC | APARTMENT | $292,000 | 118 ft |
| 3237 2ND AVE S MINNEAPOLIS MN 55408 | SAIDA HASSAN | RESIDENTIAL | $359,000 | 127 ft |
| 3248 3RD AVE S MINNEAPOLIS MN 55408 | JENNA M WOLLITZ | RESIDENTIAL | $281,100 | 140 ft |
| 3244 3RD AVE S MINNEAPOLIS MN 55408 | MARY WILLING | VACANT LAND-RESIDENTIAL | $48,000 | 144 ft |
| 3240 3RD AVE S MINNEAPOLIS MN 55408 | MARY WILLING | RESIDENTIAL-TWO UNIT | $409,800 | 161 ft |
| 3305 2ND AVE S MINNEAPOLIS MN 55408 | M J BURR & R J KIRBY | RESIDENTIAL | $294,000 | 164 ft |
| 3233 2ND AVE S MINNEAPOLIS MN 55408 | ANDREW WOOLCOTT | RESIDENTIAL | $435,000 | 173 ft |
| 3300 3RD AVE S MINNEAPOLIS MN 55408 | D M SCHAEFER & Z L SCHAEFER | RESIDENTIAL-TWO UNIT | $298,300 | 183 ft |
| 3236 3RD AVE S MINNEAPOLIS MN 55408 | RICHARD C SENG | RESIDENTIAL-TWO UNIT | $359,100 | 189 ft |
Most Recent Sale
Current Tax Year