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.
5 permits on record since 2012 · $25K total declared value · Most recent: Jul 2025 (existres)
Standard Heating and Air Conditioning Inc
Sayler Heating & Air Conditioning Inc
Warners Stellian Co Inc
NMC EXTERIORS AND REMODELING
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 sfr / adu benchmarks for 79 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3205 GRAND AVE S MINNEAPOLIS MN 55408 | SSH PROPERTIES LLC | TRIPLEX | $452,700 | 57 ft |
| 3201 GRAND AVE S MINNEAPOLIS MN 55408 | MIREYA BUSTAMANTE SANMARTIN | RESIDENTIAL | $394,500 | 62 ft |
| 3209 GRAND AVE S MINNEAPOLIS MN 55408 | S E HOLQUIST & B D OZUG | RESIDENTIAL | $443,000 | 93 ft |
| 3200 PLEASANT AVE MINNEAPOLIS MN 55408 | MICHAEL DAN MONTROSE ET AL | RESIDENTIAL | $328,800 | 97 ft |
| 3204 PLEASANT AVE MINNEAPOLIS MN 55408 | CAMILO RAMOS ROMERO | RESIDENTIAL | $289,400 | 105 ft |
| 3208 PLEASANT AVE MINNEAPOLIS MN 55408 | BANKERS TRST CO CA TRST ETAL | RESIDENTIAL-TWO UNIT | $396,100 | 128 ft |
| 3149 GRAND AVE S MINNEAPOLIS MN 55408 | JAMES BOLLMAN | RESIDENTIAL-TWO UNIT | $444,900 | 131 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | EVAN GONZO | CONDOMINIUM | $144,600 | 132 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | ROWE TRUST | CONDOMINIUM | $224,600 | 132 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | LYDIA GRACE BRAIG | CONDOMINIUM | $141,400 | 132 ft |
Most Recent Sale
Current Tax Year