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 ↗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 ↗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.
6 permits on record since 2021 · $16K total declared value · Most recent: Apr 2026 (existres)
Hurlburt Heating & Plumbing
CenterPoint Energy Resource Corp
BONFES PLUMBING HEATING AND AIR SERVICE INC
KRECH EXTERIORS INC
Minnesota Rusco Inc
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 84
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 2,794 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3209 5TH AVE S MINNEAPOLIS MN 55408 | J GOMEZ & E P GONZALEZ | TOWNHOUSE | $143,400 | 40 ft |
| 3217 5TH AVE S MINNEAPOLIS MN 55408 | REID WAGNER & MADEE WEISNER | RESIDENTIAL | $254,300 | 45 ft |
| 3207 5TH AVE S MINNEAPOLIS MN 55408 | ASAD AHMED ABDI | TOWNHOUSE | $145,500 | 74 ft |
| 3221 5TH AVE S MINNEAPOLIS MN 55408 | L E R NARANJO/S A ROMERO | RESIDENTIAL-TWO UNIT | $288,900 | 90 ft |
| 3203 5TH AVE S MINNEAPOLIS MN 55408 | RONALD D GUILD/CHLOE E GUILD | TOWNHOUSE | $107,000 | 108 ft |
| 3212 PORTLAND AVE MINNEAPOLIS MN 55407 | HNN PROPERTIES LLC | CONDOMINIUM | $125,000 | 132 ft |
| 3212 PORTLAND AVE MINNEAPOLIS MN 55407 | HNN PROPERTIES LLC | CONDOMINIUM | $159,000 | 132 ft |
| 3212 PORTLAND AVE MINNEAPOLIS MN 55407 | HNN PROPERTIES LLC | CONDOMINIUM | $202,000 | 132 ft |
| MN | Unknown | — | — | 132 ft |
| 3225 5TH AVE S MINNEAPOLIS MN 55408 | R P KEARNEY & W M DIERCKS | RESIDENTIAL | $232,400 | 136 ft |
Most Recent Sale
Current Tax Year