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.
3 permits on record since 2021 · $3K total declared value · Most recent: Mar 2021 (misc)
Renda the Roofer
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning 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 83
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 3,102 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3209 3RD AVE S MINNEAPOLIS MN 55408 | JOSEPH O THORSON | RESIDENTIAL | $407,700 | 45 ft |
| 3201 3RD AVE S MINNEAPOLIS MN 55408 | CVJ REAL ESTATE LLC | TRIPLEX | $358,500 | 45 ft |
| 3215 3RD AVE S MINNEAPOLIS MN 55408 | MICHAEL ANDREW VEGELL | RESIDENTIAL | $305,000 | 90 ft |
| 3217 3RD AVE S MINNEAPOLIS MN 55408 | FAITH LIA HER | RESIDENTIAL-TWO UNIT | $235,400 | 136 ft |
| 3204 CLINTON AVE MINNEAPOLIS MN 55408 | BACHAN RAGOONANAN | TRIPLEX | $310,600 | 140 ft |
| 3200 CLINTON AVE MINNEAPOLIS MN 55408 | ARGENT SECURITIES INC | RESIDENTIAL | $312,900 | 147 ft |
| 3208 CLINTON AVE MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 147 ft |
| 3212 CLINTON AVE MINNEAPOLIS MN 55408 | MANUEL SANISACA PERALTA | RESIDENTIAL-TWO UNIT | $310,100 | 167 ft |
| 3145 3RD AVE S MINNEAPOLIS MN 55408 | J M L GUAMAN ET AL | RESIDENTIAL | $278,000 | 169 ft |
| 3200 3RD AVE S MINNEAPOLIS MN 55408 | ISAIAS SALAZAR ARENAS | RESIDENTIAL | $240,000 | 181 ft |
Most Recent Sale
Current Tax Year