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.
2 permits on record since 2023 · Most recent: Oct 2023 (res)
Water Heaters Now Inc
Hero Home Services 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
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 2,100 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 209 33RD ST W MINNEAPOLIS MN 55408 | JEREMY A HEDGE | RESIDENTIAL-TWO UNIT | $404,700 | 40 ft |
| 217 33RD ST W MINNEAPOLIS MN 55408 | DAN FOLKERDS/HEIDI FOLKERDS | RESIDENTIAL | $422,800 | 40 ft |
| 205 33RD ST W MINNEAPOLIS MN 55408 | M J GIBSON & T K COWDERY | RESIDENTIAL | $401,500 | 80 ft |
| 221 33RD ST W MINNEAPOLIS MN 55408 | E A RUB & T J RUB | RESIDENTIAL-TWO UNIT | $372,900 | 80 ft |
| 3312 PILLSBURY AVE MINNEAPOLIS MN 55408 | PUTNAM PROPERTIES LLC | APARTMENT | $1,796,000 | 116 ft |
| 201 33RD ST W MINNEAPOLIS MN 55408 | GREGORY P LEWIN | RESIDENTIAL | $316,400 | 117 ft |
| 227 33RD ST W MINNEAPOLIS MN 55408 | TIMOTHY M RODEWALD-JONES | RESIDENTIAL | $191,800 | 120 ft |
| 3311 PLEASANT AVE MINNEAPOLIS MN 55408 | E A RUB & T J SEEMAN | RESIDENTIAL-TWO UNIT | $384,100 | 153 ft |
| 231 33RD ST W MINNEAPOLIS MN 55408 | SCOTT HOLMQUIST | RESIDENTIAL-TWO UNIT | $403,700 | 160 ft |
| 3316 PILLSBURY AVE MINNEAPOLIS MN 55408 | BRIAN L BLACKARD | RESIDENTIAL-TWO UNIT | $380,500 | 168 ft |
Most Recent Sale
Current Tax Year