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.
No permits found in Minneapolis open data for this parcel.
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 2,843 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3036 GARFIELD AVE MINNEAPOLIS MN 55408 | MICHAEL O MUSTY JR | RESIDENTIAL | $332,400 | 44 ft |
| 3028 GARFIELD AVE MINNEAPOLIS MN 55408 | ADAM GARDNER | RESIDENTIAL | $316,200 | 46 ft |
| 3026 GARFIELD AVE MINNEAPOLIS MN 55408 | JULIUS DEROMA | LAND-COMMERCIAL | $220,000 | 92 ft |
| 606 31ST ST W MINNEAPOLIS MN 55408 | TOD L SKALLERUP | RESIDENTIAL | $249,300 | 115 ft |
| 600 31ST ST W MINNEAPOLIS MN 55408 | AIDEN W DOUGHMAN | RESIDENTIAL | $371,900 | 121 ft |
| 610 31ST ST W MINNEAPOLIS MN 55408 | JOSEPH E UNGER | RESIDENTIAL | $370,400 | 122 ft |
| 3035 LYNDALE AVE S MINNEAPOLIS MN 55408 | NGUYEN VU FAMILY CORP INC | COMMERCIAL-PREFERRED | $725,000 | 131 ft |
| 3037 LYNDALE AVE S MINNEAPOLIS MN 55408 | JULIUS DEROMA | COMMERCIAL-PREFERRED | $758,000 | 139 ft |
| 3020 GARFIELD AVE MINNEAPOLIS MN 55408 | JULIUS DEROMA | RESIDENTIAL | $337,900 | 147 ft |
| 3025 LYNDALE AVE S MINNEAPOLIS MN 55408 | KCLGA DAFA LLC | COMMERCIAL-PREFERRED | $1,411,000 | 148 ft |
Most Recent Sale
Current Tax Year