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 ↗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 ↗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 2017 · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
CENTERPOINT ENERGY
Urban Pine Plumbing and Mechanical Inc
CENTERPOINT ENERGY
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1094
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 2,302 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3449 5TH AVE S MINNEAPOLIS MN 55408 | SOVEREIGN INVESTMENTS INC | RESIDENTIAL | $254,900 | 42 ft |
| 3445 5TH AVE S MINNEAPOLIS MN 55408 | D KLEIN & S SHIMOTA | RESIDENTIAL | $256,000 | 84 ft |
| 3501 5TH AVE S MINNEAPOLIS MN 55408 | WA YEE VANG & XIA YANG | RESIDENTIAL-TWO UNIT | $338,100 | 102 ft |
| 3441 5TH AVE S MINNEAPOLIS MN 55408 | DANIEL R KLEIN/SARAH C KLEIN | TRIPLEX | $441,500 | 126 ft |
| 3450 PORTLAND AVE MINNEAPOLIS MN 55407 | PN2 LLC | APARTMENT | $1,026,000 | 134 ft |
| 3505 5TH AVE S MINNEAPOLIS MN 55408 | SYLVIA D MONDANE | RESIDENTIAL | $308,200 | 144 ft |
| 3444 PORTLAND AVE MINNEAPOLIS MN 55407 | PICEA GLAUCA LLC | LOW INCOME RENTAL | $569,000 | 156 ft |
| 3437 5TH AVE S MINNEAPOLIS MN 55408 | R ARNEBERG & M ARNEBERG | RESIDENTIAL-TWO UNIT | $406,300 | 168 ft |
| 3500 PORTLAND AVE MINNEAPOLIS MN 55407 | ANTHONY TROY JOHNSON JR | RESIDENTIAL-TWO UNIT | $424,000 | 168 ft |
| 3440 PORTLAND AVE MINNEAPOLIS MN 55407 | E FRAZIER/A FRAZIER ET AL | RESIDENTIAL-TWO UNIT | $543,300 | 183 ft |
Most Recent Sale
Current Tax Year