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 · $54K total declared value · Most recent: Feb 2026 (existres)
Forrest Heating LLC
Lucius Home Improvements
Semlak Plumbing LLC
CENTERPOINT ENERGY
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
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 sfr / adu benchmarks for 55 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 228 33RD ST W MINNEAPOLIS MN 55408 | WEST EDGE INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $431,800 | 50 ft |
| 3255 PLEASANT AVE MINNEAPOLIS MN 55408 | M ADAMITIS & A B GUNDERSON | RESIDENTIAL | $261,100 | 61 ft |
| 224 33RD ST W MINNEAPOLIS MN 55408 | STAR MANAGEMENT LLC | TRIPLEX | $667,900 | 84 ft |
| 3241 PLEASANT AVE MINNEAPOLIS MN 55408 | JENNA LYNN WALTERS | RESIDENTIAL | $345,700 | 87 ft |
| 3237 PLEASANT AVE MINNEAPOLIS MN 55408 | TROY DREIER/MICHAEL FERRANTI | RESIDENTIAL | $355,300 | 120 ft |
| 220 33RD ST W MINNEAPOLIS MN 55408 | 220 33RD ST W LLC | RESIDENTIAL-TWO UNIT | $621,800 | 120 ft |
| 218 33RD ST W MINNEAPOLIS MN 55408 | N S RAASCH & J P RAASCH | RESIDENTIAL | $328,000 | 158 ft |
| 3233 PLEASANT AVE MINNEAPOLIS MN 55408 | JOSHUA E BASSAIS | RESIDENTIAL | $310,000 | 158 ft |
| 3252 PLEASANT AVE MINNEAPOLIS MN 55408 | ERIC SALO & STELLA BROWN | RESIDENTIAL | $305,200 | 159 ft |
| 3246 PLEASANT AVE MINNEAPOLIS MN 55408 | SPENCER GRANT & AMELIA GRANT | RESIDENTIAL-TWO UNIT | $435,600 | 162 ft |
Most Recent Sale
Current Tax Year