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 ↗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.
4 permits on record since 2018 · $30K total declared value · Most recent: Jul 2024 (misc)
Rajiv Sarin
SV5 Group LLC
CENTERPOINT ENERGY
Airic's Heating & Air Conditioning Inc
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 small multifamily (2–4 units, wood frame) benchmarks for 2,189 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 128 32ND ST W MINNEAPOLIS MN 55408 | WILL & ALEXIA KRISPIN | RESIDENTIAL | $242,900 | 41 ft |
| 3149 PILLSBURY AVE MINNEAPOLIS MN 55408 | JAMES SWARTWOOD | RESIDENTIAL | $162,700 | 54 ft |
| 116 32ND ST W MINNEAPOLIS MN 55408 | LISA MARIE MINGO | RESIDENTIAL | $363,000 | 59 ft |
| 3140 FINDLEY PL MINNEAPOLIS MN 55408 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 113 ft |
| 114 32ND ST W MINNEAPOLIS MN 55408 | STEVEN J LINDENFELSER | RESIDENTIAL | $250,100 | 159 ft |
| 3201 PILLSBURY AVE MINNEAPOLIS MN 55408 | WILL & ALEXIA KRISPIN | RESIDENTIAL-TWO UNIT | $409,000 | 160 ft |
| 3144 PILLSBURY AVE MINNEAPOLIS MN 55408 | G G GUAMAN-SIBRI ET AL | RESIDENTIAL | $260,000 | 174 ft |
| 3148 PILLSBURY AVE MINNEAPOLIS MN 55408 | TIMOTHY SCHAITBERGER | RESIDENTIAL | $372,300 | 179 ft |
| 110 32ND ST W MINNEAPOLIS MN 55408 | JOHN T HRUSKA | RESIDENTIAL-TWO UNIT | $308,200 | 197 ft |
| 3205 PILLSBURY AVE MINNEAPOLIS MN 55408 | GEOFFREY J CHERUCHERIL | APARTMENT | $561,000 | 201 ft |
Most Recent Sale
Current Tax Year