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.
4 permits on record since 2018 · $24K total declared value · Most recent: Aug 2022 (misc)
ROGER SHEARS
BUILDERS AND REMODELERS INC
CenterPoint Energy Resource Corp
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,542 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 231 33RD ST W MINNEAPOLIS MN 55408 | SCOTT HOLMQUIST | RESIDENTIAL-TWO UNIT | $403,700 | 37 ft |
| 227 33RD ST W MINNEAPOLIS MN 55408 | TIMOTHY M RODEWALD-JONES | RESIDENTIAL | $191,800 | 77 ft |
| 3311 PLEASANT AVE MINNEAPOLIS MN 55408 | E A RUB & T J SEEMAN | RESIDENTIAL-TWO UNIT | $384,100 | 109 ft |
| 221 33RD ST W MINNEAPOLIS MN 55408 | E A RUB & T J RUB | RESIDENTIAL-TWO UNIT | $372,900 | 117 ft |
| 3315 PLEASANT AVE MINNEAPOLIS MN 55408 | EARL BARNETT III | RESIDENTIAL | $154,100 | 123 ft |
| 3255 PLEASANT AVE MINNEAPOLIS MN 55408 | M ADAMITIS & A B GUNDERSON | RESIDENTIAL | $261,100 | 147 ft |
| 217 33RD ST W MINNEAPOLIS MN 55408 | DAN FOLKERDS/HEIDI FOLKERDS | RESIDENTIAL | $422,800 | 157 ft |
| 3304 PLEASANT AVE MINNEAPOLIS MN 55408 | M TRAVIS & D LOPRETO | RESIDENTIAL | $388,500 | 160 ft |
| 3300 PLEASANT AVE MINNEAPOLIS MN 55408 | REBEKAH ONGSTAD | RESIDENTIAL | $343,400 | 163 ft |
| 3308 PLEASANT AVE MINNEAPOLIS MN 55408 | BRANDI BENNETT | RESIDENTIAL | $338,700 | 168 ft |
Most Recent Sale
Current Tax Year