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.
5 permits on record since 2019 · $22K total declared value · Most recent: Oct 2025 (existres)
MN Heating and Cooling LLC
CenterPoint Energy Resource Corp
Skyline Exteriors LLC
Holmlund Masonry Inc
Metro Heating & Cooling 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 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 3,161 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3316 5TH AVE S MINNEAPOLIS MN 55408 | X U MEDLOCK & H R MEDLOCK | RESIDENTIAL | $316,200 | 45 ft |
| 3324 5TH AVE S MINNEAPOLIS MN 55408 | P C REETH/R J KELLEHER-REETH | RESIDENTIAL | $243,000 | 45 ft |
| 3312 5TH AVE S MINNEAPOLIS MN 55408 | ABDIKARIM HUSSEIN/RHODA ELMI | RESIDENTIAL | $292,000 | 90 ft |
| 3328 5TH AVE S MINNEAPOLIS MN 55408 | HERMAN CAPITAL PRTNRS VI LLC | RESIDENTIAL-TWO UNIT | $255,600 | 90 ft |
| 3308 5TH AVE S MINNEAPOLIS MN 55408 | ZCW PROPERTIES LLC | RESIDENTIAL | $317,800 | 136 ft |
| 3332 5TH AVE S MINNEAPOLIS MN 55408 | HILDA DOMINGUEZ PEREZ | RESIDENTIAL-TWO UNIT | $325,800 | 136 ft |
| 3321 4TH AVE S MINNEAPOLIS MN 55408 | 3321 FOURTH LLC | RESIDENTIAL | $305,300 | 141 ft |
| 3325 4TH AVE S MINNEAPOLIS MN 55408 | KHALID ADAM | RESIDENTIAL | $229,500 | 148 ft |
| 3317 4TH AVE S MINNEAPOLIS MN 55408 | A BARZALLO & L ZHIMINAICELA | RESIDENTIAL | $340,200 | 149 ft |
| 3329 4TH AVE S MINNEAPOLIS MN 55408 | W & S KUEHN | RESIDENTIAL | $298,000 | 167 ft |
Most Recent Sale
Current Tax Year