On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2017 · $44K total declared value · Most recent: Jun 2017 (roofwind)
MCPHILLIP BROTHERS ROOFING
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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 5,990 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $123,000 | 63 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $160,000 | 63 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $160,000 | 63 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $168,000 | 63 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | BARBARA PERILLO | CONDOMINIUM | $161,000 | 63 ft |
| MN | Unknown | — | — | 63 ft |
| 3255 LYNDALE AVE S MINNEAPOLIS MN 55408 | MT HEADED PROPERTIES LLC | COMMERCIAL-PREFERRED | $407,000 | 66 ft |
| 3237 LYNDALE AVE S MINNEAPOLIS MN 55408 | MATTHEW OSTERMANN | TRIPLEX | $566,400 | 105 ft |
| 3240 GARFIELD AVE MINNEAPOLIS MN 55408 | C OLIVER & E B OLIVER | CONDOMINIUM | $459,000 | 139 ft |
| 3240 GARFIELD AVE MINNEAPOLIS MN 55408 | R HARPER & C HARPER ET AL | CONDOMINIUM | $474,000 | 139 ft |
Most Recent Sale
Current Tax Year