Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
8 permits on record since 2017 · $14K total declared value · Most recent: May 2025 (res)
Hero Home Services LLC
THE HOME DEPOT
Summit Construction Group
BEMIS BRICKWORKS
CenterPoint Energy Resource Corp
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 2,039 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3239 BLAISDELL AVE MINNEAPOLIS MN 55408 | BOBBI JO B KRIEG | RESIDENTIAL | $281,400 | 36 ft |
| 3245 BLAISDELL AVE MINNEAPOLIS MN 55408 | JACOB L VOSTERS | RESIDENTIAL | $352,100 | 36 ft |
| 3249 BLAISDELL AVE MINNEAPOLIS MN 55408 | MARILYN Y PELLETIER | RESIDENTIAL | $207,800 | 70 ft |
| 20 33RD ST W MINNEAPOLIS MN 55408 | L E GONZALEZ ET AL | RESIDENTIAL-TWO UNIT | $355,600 | 80 ft |
| 3235 BLAISDELL AVE MINNEAPOLIS MN 55408 | JOHN W JARA | LOW INCOME RENTAL | $597,800 | 87 ft |
| 16 33RD ST W MINNEAPOLIS MN 55408 | CONOR FAILOR | TRIPLEX | $617,100 | 116 ft |
| 3231 BLAISDELL AVE MINNEAPOLIS MN 55408 | A P WILHIDE & J BIEL | RESIDENTIAL | $349,300 | 135 ft |
| 14 33RD ST W MINNEAPOLIS MN 55408 | L M JOHNSON & B R JOHNSON | RESIDENTIAL | $236,800 | 168 ft |
| 3227 BLAISDELL AVE MINNEAPOLIS MN 55408 | C B MROSS & T C MROSS | RESIDENTIAL | $370,000 | 183 ft |
| 25 33RD ST W MINNEAPOLIS MN 55408 | 25/35 33RD STREET W LLC | APARTMENT | $1,093,000 | 213 ft |
Most Recent Sale
Current Tax Year