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.
3 permits on record since 2021 · $15K total declared value · Most recent: Oct 2024 (misc)
NORTHWEST EXTERIORS INC
Richfield Plumbing Co
STAFFORD HOME SERVICE
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 2,015 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3317 PILLSBURY AVE MINNEAPOLIS MN 55408 | SHEA E CARR & ALYSSA M BLUHM | RESIDENTIAL | $335,000 | 32 ft |
| 3325 PILLSBURY AVE MINNEAPOLIS MN 55408 | JOHN GOWER & ADELE GOWER | RESIDENTIAL | $289,700 | 36 ft |
| 3315 PILLSBURY AVE MINNEAPOLIS MN 55408 | KEVIN HOWARD HEDLUND | RESIDENTIAL-TWO UNIT | $418,000 | 73 ft |
| 3331 PILLSBURY AVE MINNEAPOLIS MN 55408 | ANNE & LOUIS F FOLTZ JR | RESIDENTIAL | $242,300 | 74 ft |
| 3317 PILLSBURY AVE MINNEAPOLIS MN 55408 | 3322 BLAISDELL LLC | VACANT LAND-APARTMENT | $49,600 | 104 ft |
| 3335 PILLSBURY AVE MINNEAPOLIS MN 55408 | RDA UPTOWN IV LLC | RESIDENTIAL | $221,800 | 111 ft |
| 3309 PILLSBURY AVE MINNEAPOLIS MN 55408 | YALE 3309 PILLSBURY LLC | APARTMENT | $608,000 | 117 ft |
| 3315 PILLSBURY AVE MINNEAPOLIS MN 55408 | JOHNSON HOMESTEAD 1856 LLP | APARTMENT | $70,000 | 124 ft |
| 3337 PILLSBURY AVE MINNEAPOLIS MN 55408 | M LAMOREAUX & M LAMOREAUX | RESIDENTIAL | $316,000 | 169 ft |
| 119 33RD ST W MINNEAPOLIS MN 55408 | YALE 119 W 33RD ST LLC | APARTMENT | $3,362,000 | 203 ft |
Most Recent Sale
Current Tax Year