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.
4 permits on record since 2021 · $30K total declared value · Most recent: Apr 2026 (existres)
Standard Heating and Air Conditioning Inc
KAUFMAN SHEET METAL ROOFING INC
Chimney Doctors
DNA HEATING AND COOLING
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 2,811 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3328 PORTLAND AVE MINNEAPOLIS MN 55407 | E A HELLER & C M SCHILLER | RESIDENTIAL | $250,000 | 45 ft |
| 3320 PORTLAND AVE MINNEAPOLIS MN 55407 | K A & I BALL | RESIDENTIAL | $395,000 | 45 ft |
| 3332 PORTLAND AVE MINNEAPOLIS MN 55407 | CALEB PARSONS & J SPIELMANN | RESIDENTIAL-TWO UNIT | $387,500 | 90 ft |
| 3316 PORTLAND AVE MINNEAPOLIS MN 55407 | NICHOLAS BOCKEY | RESIDENTIAL-TWO UNIT | $369,500 | 90 ft |
| 3325 5TH AVE S MINNEAPOLIS MN 55408 | SERGIO BENITEX MARTINEZ | RESIDENTIAL | $199,000 | 131 ft |
| 3336 PORTLAND AVE MINNEAPOLIS MN 55407 | TIMOTHY M THORNBURGH | RESIDENTIAL-TWO UNIT | $332,400 | 136 ft |
| 3312 PORTLAND AVE MINNEAPOLIS MN 55407 | C C WILSON & A S WYCKOFF | RESIDENTIAL | $376,000 | 138 ft |
| 3329 5TH AVE S MINNEAPOLIS MN 55408 | FANNY B VAZQUES CRESPO | TRIPLEX | $308,600 | 139 ft |
| 3321 5TH AVE S MINNEAPOLIS MN 55408 | OLIVER MEDLOCK ETAL | RESIDENTIAL | $208,000 | 139 ft |
| 3335 5TH AVE S MINNEAPOLIS MN 55408 | MARIBEL PRESTEGUIN ROJAS | RESIDENTIAL | $235,000 | 159 ft |
Most Recent Sale
Current Tax Year