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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
7 permits on record since 2018 · $248K total declared value · Most recent: Jul 2024 (foodbev)
Gilbert Mechanical Contractors LLC
WATSON-FORSBERG CO
WATSON-FORSBERG CO
Zion Evangelical Lutheran Church
Gilbert Mechanical Contractors 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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3233 PILLSBURY AVE MINNEAPOLIS MN 55408 | ELEANOR SAVAGE/JOSINA MANU | RESIDENTIAL | $428,800 | 129 ft |
| 3229 PILLSBURY AVE MINNEAPOLIS MN 55408 | ELEANOR VALERIAN SAVAGE TRE | RESIDENTIAL | $344,000 | 172 ft |
| 3236 BLAISDELL AVE MINNEAPOLIS MN 55408 | ANGELES MORALES-VELA | RESIDENTIAL-TWO UNIT | $376,000 | 186 ft |
| 3232 BLAISDELL AVE MINNEAPOLIS MN 55408 | 3232 BLAISDELL AVE SOUTH LLC | APARTMENT | $1,362,000 | 195 ft |
| 3244 BLAISDELL AVE MINNEAPOLIS MN 55408 | BLAISDELL GHL LLC | LOW INCOME RENTAL | $1,829,000 | 196 ft |
| 200 33RD ST W MINNEAPOLIS MN 55408 | WALTER JOSEPH LEWIS | RESIDENTIAL-TWO UNIT | $291,500 | 200 ft |
| 3244 PILLSBURY AVE MINNEAPOLIS MN 55408 | CARAH KUCHARSKI/DAVID YODER | RESIDENTIAL | $271,000 | 206 ft |
| 3225 PILLSBURY AVE MINNEAPOLIS MN 55408 | N DIMICK & J BIBELHAUSEN | RESIDENTIAL | $272,700 | 214 ft |
| 3228 BLAISDELL AVE MINNEAPOLIS MN 55408 | DAVID A TAUER | RESIDENTIAL-TWO UNIT | $420,500 | 216 ft |
| 127 33RD ST W MINNEAPOLIS MN 55408 | B J DEYOUNG/A K S DEYOUNG | RESIDENTIAL | $362,800 | 226 ft |
Most Recent Sale
Current Tax Year