On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
9 permits on record since 2024 · $39K total declared value · Most recent: May 2026 (res)
Erik Nelson Plumbing LLC
Gregg P Severson
Gregg P Severson
HIBISCUS HOMES
Foremost Exteriors
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
Residential Mixed-Use 1 — low-density mixed 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 2,815 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3141 LYNDALE AVE S MINNEAPOLIS MN 55408 | DAVID C ANDERSON ET AL | RESIDENTIAL | $281,400 | 45 ft |
| 3149 LYNDALE AVE S MINNEAPOLIS MN 55408 | KLP REAL ESTATE LLC | RESIDENTIAL | $314,300 | 50 ft |
| 612 32ND ST W MINNEAPOLIS MN 55408 | MICHAEL E HOLCOMB | RESIDENTIAL | $327,700 | 59 ft |
| 610 32ND ST W MINNEAPOLIS MN 55408 | CHRIS ROUSHAR/BRIANA ROUSHAR | RESIDENTIAL | $528,800 | 92 ft |
| 3140 GARFIELD AVE MINNEAPOLIS MN 55408 | B K FOLEY LAND & DEV INC | RESIDENTIAL | $259,600 | 140 ft |
| 600 32ND ST W MINNEAPOLIS MN 55408 | L NELSON & I KOUMOUTSAKIS | APARTMENT | $1,213,000 | 151 ft |
| 3136 GARFIELD AVE MINNEAPOLIS MN 55408 | JEFFREY ALBIN | RESIDENTIAL-TWO UNIT | $613,100 | 160 ft |
| 3201 LYNDALE AVE S MINNEAPOLIS MN 55408 | MWH 17 LLC | APARTMENT | $690,000 | 189 ft |
| 3132 GARFIELD AVE MINNEAPOLIS MN 55408 | R H DISTAD & L S DISTAD | APARTMENT | $669,000 | 190 ft |
| 613 32ND ST W MINNEAPOLIS MN 55408 | REARDON PROPS LTD PTNSHP | APARTMENT | $725,000 | 190 ft |
Most Recent Sale
Current Tax Year