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.
1 permit on record since 2025 · $8K total declared value · Most recent: Mar 2025 (commfdrr)
Pronto Heating & Air Conditioning 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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3128 GRAND AVE S MINNEAPOLIS MN 55408 | RANDI CLABO | CONDOMINIUM | $152,000 | 0 ft |
| 3128 GRAND AVE S MINNEAPOLIS MN 55408 | BTAYLOR INVESTMENTS LLC | CONDOMINIUM | $152,000 | 0 ft |
| 3128 GRAND AVE S MINNEAPOLIS MN 55408 | DSL REVOCABLE TRUST | CONDOMINIUM | $168,000 | 0 ft |
| 3128 GRAND AVE S MINNEAPOLIS MN 55408 | LUKE M FLATLA | CONDOMINIUM | $155,000 | 0 ft |
| 3124 GRAND AVE S MINNEAPOLIS MN 55408 | BEVERLY A GUDBRANDSON | RESIDENTIAL-TWO UNIT | $358,200 | 45 ft |
| 3132 GRAND AVE S MINNEAPOLIS MN 55408 | A FREDRICKSON/K FREDRICKSON | RESIDENTIAL-TWO UNIT | $374,700 | 45 ft |
| 3120 GRAND AVE S MINNEAPOLIS MN 55408 | NADHIA FUENTES/NATHAN VOLKER | RESIDENTIAL | $374,800 | 90 ft |
| 3136 GRAND AVE S MINNEAPOLIS MN 55408 | CLAIRE VANDEREYK | RESIDENTIAL | $244,100 | 90 ft |
| 3118 GRAND AVE S MINNEAPOLIS MN 55408 | ABRAHAM S REDDY | RESIDENTIAL-TWO UNIT | $361,100 | 135 ft |
| 3140 GRAND AVE S MINNEAPOLIS MN 55408 | A R BURKHARDT ET AL | RESIDENTIAL-TWO UNIT | $423,700 | 135 ft |