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 ↗Signals are based on public datasets; program eligibility requires verification.
7 permits on record since 2017 · $127K total declared value · Most recent: Dec 2025 (existres)
Metro Heating & Cooling LLC
Samantha Holquist
KUHLS CONTRACTING INC
CHRISTIAN BROTHERS CONSTRUCTION
Warners Stellian Co 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
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 2,696 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | EVAN GONZO | CONDOMINIUM | $144,600 | 42 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | ROWE TRUST | CONDOMINIUM | $224,600 | 42 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | LYDIA GRACE BRAIG | CONDOMINIUM | $141,400 | 42 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | ANDREA ROSENER | CONDOMINIUM | $113,400 | 42 ft |
| MN | Unknown | — | — | 42 ft |
| 3205 GRAND AVE S MINNEAPOLIS MN 55408 | SSH PROPERTIES LLC | TRIPLEX | $452,700 | 42 ft |
| 3219 GRAND AVE S MINNEAPOLIS MN 55408 | WILLIAM CHASE MADDREY | RESIDENTIAL | $411,900 | 84 ft |
| 3201 GRAND AVE S MINNEAPOLIS MN 55408 | MIREYA BUSTAMANTE SANMARTIN | RESIDENTIAL | $394,500 | 87 ft |
| 315 32ND ST W MINNEAPOLIS MN 55408 | M E KOZIOL & K D SHERIDAN | RESIDENTIAL | $329,500 | 93 ft |
| 3221 GRAND AVE S MINNEAPOLIS MN 55408 | RAYANN PROPERTIES LLC | APARTMENT | $460,000 | 126 ft |
Most Recent Sale
Current Tax Year