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 ↗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.
1 permit on record since 2018 · Most recent: Sep 2018 (res)
Linn Star Transfer 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 3,194 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3032 HARRIET AVE MINNEAPOLIS MN 55408 | BETH L RICHARDSON | RESIDENTIAL-TWO UNIT | $548,100 | 46 ft |
| 3040 HARRIET AVE MINNEAPOLIS MN 55408 | SHAE HANSON & BLAKE HANSON | RESIDENTIAL-TWO UNIT | $517,300 | 46 ft |
| 3030 HARRIET AVE MINNEAPOLIS MN 55408 | MPLS UPTOWN RENTALS 3030 LLC | RESIDENTIAL | $271,200 | 92 ft |
| 3044 HARRIET AVE MINNEAPOLIS MN 55408 | J A Q MOROCHO & E M CUVI | RESIDENTIAL-TWO UNIT | $579,400 | 94 ft |
| 512 31ST ST W MINNEAPOLIS MN 55408 | ANTHONY OTIS | RESIDENTIAL-TWO UNIT | $466,600 | 130 ft |
| 3024 HARRIET AVE MINNEAPOLIS MN 55408 | T T LOWERY & A B CURD | RESIDENTIAL-TWO UNIT | $381,800 | 138 ft |
| 3037 GARFIELD AVE MINNEAPOLIS MN 55408 | 3037 BRICKS LLC | APARTMENT | $651,000 | 140 ft |
| 3033 GARFIELD AVE MINNEAPOLIS MN 55408 | PROGRESS VALLEY, INC | COMMERCIAL-PREFERRED | $0 | 147 ft |
| 3029 GARFIELD AVE MINNEAPOLIS MN 55408 | JWN3029 LLC | APARTMENT | $592,000 | 167 ft |
| 3020 HARRIET AVE MINNEAPOLIS MN 55408 | ELIZABETH LIPTON | RESIDENTIAL-TWO UNIT | $388,300 | 184 ft |
Most Recent Sale
Current Tax Year