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.
10 permits on record since 2018 · $39K total declared value · Most recent: May 2025 (roofwind)
RIVERVIEW WINDOW INC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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
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 3-story wood frame (5–12 units) benchmarks for 3,144 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3328 4TH AVE S MINNEAPOLIS MN 55408 | JUAN A ALVARADO ET AL | RESIDENTIAL | $382,000 | 45 ft |
| 3336 4TH AVE S MINNEAPOLIS MN 55408 | DORUK ONVURAL | APARTMENT | $693,000 | 45 ft |
| 3324 4TH AVE S MINNEAPOLIS MN 55408 | SAFIA B HAILE | RESIDENTIAL | $372,000 | 90 ft |
| 3342 4TH AVE S MINNEAPOLIS MN 55408 | DELMON INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $408,900 | 90 ft |
| 3320 4TH AVE S MINNEAPOLIS MN 55408 | PPL DECC LIMITED PARTNERSHIP | LOW INCOME RENTAL | $399,200 | 136 ft |
| 3344 4TH AVE S MINNEAPOLIS MN 55408 | JAY DRIELING | RESIDENTIAL-TWO UNIT | $331,900 | 136 ft |
| 3333 CLINTON AVE MINNEAPOLIS MN 55408 | C A SANCHEZ-ANGELET AL | RESIDENTIAL-TWO UNIT | $311,800 | 141 ft |
| 3337 CLINTON AVE MINNEAPOLIS MN 55408 | R & B RUELAS | RESIDENTIAL | $275,000 | 148 ft |
| 3329 CLINTON AVE MINNEAPOLIS MN 55408 | JANECIA WIGGINS | RESIDENTIAL-TWO UNIT | $256,200 | 148 ft |
| 3341 CLINTON AVE MINNEAPOLIS MN 55408 | SUPERIOR FINANCING INC | RESIDENTIAL-TWO UNIT | $371,900 | 167 ft |
Most Recent Sale
Current Tax Year