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.
2 permits on record since 2019 · $26K total declared value · Most recent: Apr 2024 (misc)
Sterling Custom Homes LLC
Ray N Welter Heating Co
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 3,192 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3015 HARRIET AVE MINNEAPOLIS MN 55408 | NORTHBAY HOLDINGS LLC | LAND-COMMERCIAL | $118,300 | 34 ft |
| 3021 HARRIET AVE MINNEAPOLIS MN 55408 | LAWRENCE J HOFFER | RESIDENTIAL | $318,000 | 46 ft |
| 3013 HARRIET AVE MINNEAPOLIS MN 55408 | NORTHBAY HOLDINGS LLC | LAND-COMMERCIAL | $118,300 | 58 ft |
| 3023 HARRIET AVE MINNEAPOLIS MN 55408 | RAYMOND EDWARD LAU | RESIDENTIAL-TWO UNIT | $390,700 | 92 ft |
| 429 LAKE ST W MINNEAPOLIS MN 55408 | NORTHBAY HOLDINGS LLC | COMMERCIAL-PREFERRED | $475,200 | 128 ft |
| 3027 HARRIET AVE MINNEAPOLIS MN 55408 | MPLS UPTOWN RENTALS 3027 LLC | RESIDENTIAL-TWO UNIT | $429,200 | 138 ft |
| 3016 GRAND AVE S MINNEAPOLIS MN 55408 | KANATA PROPERTIES LLC | APARTMENT | $1,490,000 | 142 ft |
| 3020 GRAND AVE S MINNEAPOLIS MN 55408 | VICTOR NEGUSSIE | RESIDENTIAL-TWO UNIT | $377,400 | 144 ft |
| 3022 GRAND AVE S MINNEAPOLIS MN 55408 | CHRISTOPHER SHARP ET AL | RESIDENTIAL-TWO UNIT | $269,800 | 151 ft |
| 3012 HARRIET AVE MINNEAPOLIS MN 55408 | 505 W LAKE LLC | RESIDENTIAL-TWO UNIT | $338,300 | 162 ft |
Most Recent Sale
Current Tax Year