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.
7 permits on record since 2018 · $42K total declared value · Most recent: Jun 2022 (res)
Appliance Connections INC
CENTERPOINT ENERGY
WINDOW WORLD
LIBERTE CONSTRUCTION LLC
Urban Pine Plumbing and Mechanical 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,957 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3145 GRAND AVE S MINNEAPOLIS MN 55408 | S F & T M LONGSTAFF | RESIDENTIAL-TWO UNIT | $380,400 | 45 ft |
| 310 32ND ST W MINNEAPOLIS MN 55408 | COUNTY OF HENNEPIN | VACANT LAND-RESIDENTIAL | $0 | 86 ft |
| 3141 GRAND AVE S MINNEAPOLIS MN 55408 | SVETLANA ZELENYUK | APARTMENT | $669,000 | 89 ft |
| 3201 GRAND AVE S MINNEAPOLIS MN 55408 | MIREYA BUSTAMANTE SANMARTIN | RESIDENTIAL | $394,500 | 127 ft |
| 315 32ND ST W MINNEAPOLIS MN 55408 | M E KOZIOL & K D SHERIDAN | RESIDENTIAL | $329,500 | 131 ft |
| 3137 GRAND AVE S MINNEAPOLIS MN 55408 | ADAM E BAILEY | RESIDENTIAL | $492,000 | 134 ft |
| 3144 PLEASANT AVE MINNEAPOLIS MN 55408 | GRAY MOON & TAMARA L MOON | RESIDENTIAL-TWO UNIT | $514,000 | 143 ft |
| 3148 PLEASANT AVE MINNEAPOLIS MN 55408 | P SHIPWAY & J SHIPWAY | TRIPLEX | $437,500 | 148 ft |
| 3140 PLEASANT AVE MINNEAPOLIS MN 55408 | TIMOTHY JOHN JORDAN | APARTMENT | $761,000 | 162 ft |
| 3205 GRAND AVE S MINNEAPOLIS MN 55408 | SSH PROPERTIES LLC | TRIPLEX | $452,700 | 167 ft |
Most Recent Sale
Current Tax Year