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.
2 permits on record since 2018 · $200 total declared value · Most recent: Jan 2019 (res)
CenterPoint Energy Resource Corp
CONSTRUCTION CONSULTANT MINNEAPOLIS METRO
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
Urban Neighborhood 3 — medium-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 2,685 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3204 4TH AVE S MINNEAPOLIS MN 55408 | PROMOINVESTMENTS COMPANY | RESIDENTIAL | $224,000 | 45 ft |
| 3208 4TH AVE S MINNEAPOLIS MN 55408 | G A SARMIENTO/R E T SALDANA | RESIDENTIAL | $373,000 | 90 ft |
| 3144 4TH AVE S MINNEAPOLIS MN 55408 | JUDY HALBROOK | RESIDENTIAL | $237,000 | 127 ft |
| 338 32ND ST E MINNEAPOLIS MN 55408 | COURTNEY SISLER | RESIDENTIAL | $256,000 | 130 ft |
| 3212 4TH AVE S MINNEAPOLIS MN 55408 | ISMAIL MOHAMED/FADUMO HASHI | RESIDENTIAL | $407,300 | 136 ft |
| 3201 CLINTON AVE MINNEAPOLIS MN 55408 | YU LI | APARTMENT | $495,000 | 140 ft |
| 3205 CLINTON AVE MINNEAPOLIS MN 55408 | MANZOOR A MOGHUL | RESIDENTIAL | $208,800 | 147 ft |
| 3209 CLINTON AVE MINNEAPOLIS MN 55408 | M FINNEGAN & K FINNEGAN | RESIDENTIAL | $280,500 | 167 ft |
| 3140 4TH AVE S MINNEAPOLIS MN 55408 | N M MOLINA & D M ALVARADO | RESIDENTIAL | $251,500 | 175 ft |
| 3216 4TH AVE S MINNEAPOLIS MN 55408 | OSWALDO E AREVALO-FARFAN | APARTMENT | $396,000 | 181 ft |
Most Recent Sale
Current Tax Year