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 2019 · $482K total declared value · Most recent: Mar 2022 (commfdnr)
SR Mechanical Inc
ALLAN MECHANICAL INC
Northern Mechanical Contractors LLC
Brennan Construction of MN, Inc.
Patton Heating And 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
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,154 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3249 GARFIELD AVE MINNEAPOLIS MN 55408 | GARFIELD APT PARTNERS LLC | APARTMENT | $1,850,000 | 45 ft |
| 3245 GARFIELD AVE MINNEAPOLIS MN 55408 | J C LEWIS/A L MERKLIN LEWIS | RESIDENTIAL | $390,200 | 90 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | S PAJUNEN/F OLSON-BORGERDING | CONDOMINIUM | $204,900 | 102 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | ASHLEY J WIESE | CONDOMINIUM | $191,400 | 102 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | IAN ALLEN | CONDOMINIUM | $205,900 | 102 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | RICHARD FAIRBANKS | CONDOMINIUM | $205,900 | 102 ft |
| MN | Unknown | — | — | 102 ft |
| 510 33RD ST W MINNEAPOLIS MN 55408 | C A CATTELL & J R WYGANT | RESIDENTIAL | $298,900 | 103 ft |
| 3243 GARFIELD AVE MINNEAPOLIS MN 55408 | JORDAN M O'CONNELL | RESIDENTIAL | $271,200 | 132 ft |
| 3305 GARFIELD AVE MINNEAPOLIS MN 55408 | D M HERKENHOFF ET AL REV TR | RESIDENTIAL | $441,100 | 146 ft |
Current Tax Year