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.
6 permits on record since 2005 · $8.4M total declared value · Most recent: Apr 2024 (remodel)
Action Solar
BERWALD ROOFING COMPANY
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 |
|---|---|---|---|---|
| 3332 NICOLLET AVE MINNEAPOLIS MN 55408 | 3332 NICOLLET AVE S LLC | APARTMENT | $2,223,000 | 202 ft |
| 3326 NICOLLET AVE MINNEAPOLIS MN 55408 | 3326 NICOLLET AVE SOUTH LLC | APARTMENT | $2,123,000 | 210 ft |
| 3342 NICOLLET AVE MINNEAPOLIS MN 55408 | JADT NICOLLET PARTNERS LLC | LAND-COMMERCIAL | $511,300 | 234 ft |
| 3328 BLAISDELL AVE MINNEAPOLIS MN 55408 | 3328 BLAISDELL AVE LLC | APARTMENT | $1,013,000 | 244 ft |
| 3334 BLAISDELL AVE MINNEAPOLIS MN 55408 | JOHNSON HOMESTEAD 1856 LLP | APARTMENT | $1,020,000 | 245 ft |
| 25 33RD ST W MINNEAPOLIS MN 55408 | 25/35 33RD STREET W LLC | APARTMENT | $1,093,000 | 254 ft |
| MN | Unknown | — | — | 257 ft |
| 3322 BLAISDELL AVE MINNEAPOLIS MN 55408 | 3322 BLAISDELL LLC | APARTMENT | $1,239,000 | 257 ft |
| 3340 BLAISDELL AVE MINNEAPOLIS MN 55408 | ROYAL APTS COOP | COOPERATIVE HOUSING | $1,200,000 | 257 ft |
| 3340 BLAISDELL AVE MINNEAPOLIS MN 55408 | ROYAL APTS COOP | COOPERATIVE HOUSING | $146,000 | 257 ft |
Current Tax Year