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 2018 · $10K total declared value · Most recent: Oct 2023 (misc)
Close To Home Construction LLC
CENTERPOINT ENERGY
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 1,929 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3014 GARFIELD AVE MINNEAPOLIS MN 55408 | LINNIE WILLIAMS | RESIDENTIAL | $320,300 | 43 ft |
| 3004 GARFIELD AVE MINNEAPOLIS MN 55408 | MARBILL PROP LTD PRTNRSHP | LAND-COMMERCIAL | $71,800 | 48 ft |
| 601 LAKE ST W MINNEAPOLIS MN 55408 | QUITO ENTERPRISES LLC | LAND-COMMERCIAL | $341,900 | 85 ft |
| 3020 GARFIELD AVE MINNEAPOLIS MN 55408 | JULIUS DEROMA | RESIDENTIAL | $337,900 | 101 ft |
| 607 LAKE ST W MINNEAPOLIS MN 55408 | LAKE ST PROP INC | COMMERCIAL-PREFERRED | $970,000 | 103 ft |
| 3013 LYNDALE AVE S MINNEAPOLIS MN 55408 | SHARIIF INVESTMENT LLC | COMMERCIAL-PREFERRED | $746,000 | 131 ft |
| 3009 LYNDALE AVE S MINNEAPOLIS MN 55408 | MARBILL PROP LTD PRTNRSHP | LAND-COMMERCIAL | $220,000 | 134 ft |
| 3015 LYNDALE AVE S MINNEAPOLIS MN 55408 | 1322 NE 5TH LLC | COMMERCIAL-PREFERRED | $109,000 | 135 ft |
| 611 LAKE ST W MINNEAPOLIS MN 55408 | MARBILL PROP LTD PRTNRSHP | COMMERCIAL-PREFERRED | $1,184,000 | 138 ft |
| 3017 LYNDALE AVE S MINNEAPOLIS MN 55408 | 1322 NE 5TH LLC | APARTMENT | $520,000 | 146 ft |
Most Recent Sale
Current Tax Year