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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2022 · $8K total declared value · Most recent: Feb 2026 (commercial minor)
Warners Stellian Co Inc
Innovative Basement Authority
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 82
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 sfr / adu benchmarks for 1,199 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 102 32ND ST W MINNEAPOLIS MN 55408 | LYNDALE NGHBRHD ASSOC | VACANT LAND-RESIDENTIAL | $22,300 | 64 ft |
| 104 32ND ST W MINNEAPOLIS MN 55408 | DAVID ALCUIN TAUER | RESIDENTIAL | $212,600 | 64 ft |
| 110 32ND ST W MINNEAPOLIS MN 55408 | JOHN T HRUSKA | RESIDENTIAL-TWO UNIT | $308,200 | 71 ft |
| 114 32ND ST W MINNEAPOLIS MN 55408 | STEVEN J LINDENFELSER | RESIDENTIAL | $250,100 | 105 ft |
| 3140 FINDLEY PL MINNEAPOLIS MN 55408 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 146 ft |
| 116 32ND ST W MINNEAPOLIS MN 55408 | LISA MARIE MINGO | RESIDENTIAL | $363,000 | 200 ft |
| 3200 BLAISDELL AVE MINNEAPOLIS MN 55408 | ARJUN KATARIA | RESIDENTIAL-TWO UNIT | $337,500 | 209 ft |
| 122 32ND ST W MINNEAPOLIS MN 55408 | KABIR R SARIN & RAJIV SARIN | RESIDENTIAL-TWO UNIT | $269,500 | 258 ft |
| 3204 BLAISDELL AVE MINNEAPOLIS MN 55408 | SUSAN M SKELTON | APARTMENT | $489,000 | 259 ft |
| 3201 BLAISDELL AVE MINNEAPOLIS MN 55408 | ISSA STAR BAKER | RESIDENTIAL | $264,800 | 264 ft |
Most Recent Sale
Current Tax Year