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 2018 · $60K total declared value · Most recent: Aug 2025 (misc)
Summit Construction Group
Summit Construction Group
LACY MECHANICAL LLC
LACY MECHANICAL LLC
LIBERTY PLUMBING CO LLC
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 sfr / adu benchmarks for 1,120 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3205 GRAND AVE S MINNEAPOLIS MN 55408 | SSH PROPERTIES LLC | TRIPLEX | $452,700 | 48 ft |
| 315 32ND ST W MINNEAPOLIS MN 55408 | M E KOZIOL & K D SHERIDAN | RESIDENTIAL | $329,500 | 62 ft |
| 3209 GRAND AVE S MINNEAPOLIS MN 55408 | S E HOLQUIST & B D OZUG | RESIDENTIAL | $443,000 | 87 ft |
| 3149 GRAND AVE S MINNEAPOLIS MN 55408 | JAMES BOLLMAN | RESIDENTIAL-TWO UNIT | $444,900 | 127 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | EVAN GONZO | CONDOMINIUM | $144,600 | 128 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | ROWE TRUST | CONDOMINIUM | $224,600 | 128 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | LYDIA GRACE BRAIG | CONDOMINIUM | $141,400 | 128 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | ANDREA ROSENER | CONDOMINIUM | $113,400 | 128 ft |
| MN | Unknown | — | — | 128 ft |
| 3200 PLEASANT AVE MINNEAPOLIS MN 55408 | MICHAEL DAN MONTROSE ET AL | RESIDENTIAL | $328,800 | 158 ft |
Most Recent Sale
Current Tax Year