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.
3 permits on record since 2021 · $8K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
Proficient Construction LLC
Standard Heating and Air Conditioning Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · 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
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 2,856 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3424 5TH AVE S MINNEAPOLIS MN 55408 | CAMILA CARRASCO THOMAS | RESIDENTIAL | $375,000 | 42 ft |
| 3432 5TH AVE S MINNEAPOLIS MN 55408 | NADINE TEISBERG/TYLER ABERY | RESIDENTIAL | $234,900 | 42 ft |
| 3420 5TH AVE S MINNEAPOLIS MN 55408 | CITY OF LAKES COM LAND TRUST | — | $364,100 | 84 ft |
| 3436 5TH AVE S MINNEAPOLIS MN 55408 | P MUSSELL & J M SCHAFFER | RESIDENTIAL | $273,000 | 84 ft |
| 3416 5TH AVE S MINNEAPOLIS MN 55408 | M E R ZIEGLER/N P MILLER | RESIDENTIAL | $368,900 | 126 ft |
| 3440 5TH AVE S MINNEAPOLIS MN 55408 | JAN A RADDER III | RESIDENTIAL | $314,000 | 126 ft |
| 3429 4TH AVE S MINNEAPOLIS MN 55408 | JAMAAL IKE | RESIDENTIAL | $361,000 | 143 ft |
| 3433 4TH AVE S MINNEAPOLIS MN 55408 | MILO MATTHEW MILLER ALDRICH | RESIDENTIAL | $394,600 | 149 ft |
| 3425 4TH AVE S MINNEAPOLIS MN 55408 | EDEN KNUTSON & LEWIS ISTOK | RESIDENTIAL | $296,800 | 149 ft |
| 3437 4TH AVE S MINNEAPOLIS MN 55408 | JOSE GEOVANY QUIZHPI PIZHA | RESIDENTIAL | $234,300 | 166 ft |
Most Recent Sale
Current Tax Year