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.
8 permits on record since 2018 · $74K total declared value · Most recent: Oct 2025 (addition)
DAYCO GENERAL INC
SHELTER CONSTRUCTION LLC
SHELTER CONSTRUCTION LLC
MIDWAY VO TECH INC
Mechanical Air Systems 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 2,829 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3515 3RD AVE S MINNEAPOLIS MN 55408 | D A NORAT & E R ROSENTHAL | RESIDENTIAL | $354,000 | 42 ft |
| 3505 3RD AVE S MINNEAPOLIS MN 55408 | ROBERTO WEBSTER ONOFRE | RESIDENTIAL | $299,000 | 42 ft |
| 3517 3RD AVE S MINNEAPOLIS MN 55408 | CHRISTINE N WEINSCHREIDER | RESIDENTIAL | $303,900 | 84 ft |
| 3503 3RD AVE S MINNEAPOLIS MN 55408 | P ENGSTROM & S ENGSTROM | RESIDENTIAL | $363,800 | 84 ft |
| 3521 3RD AVE S MINNEAPOLIS MN 55408 | M H LLAPA & M J LLAPA | RESIDENTIAL | $257,000 | 126 ft |
| 313 35TH ST E MINNEAPOLIS MN 55408 | JUAN ALARCON/MARTINA ACOSTA | RESIDENTIAL | $109,900 | 130 ft |
| 3508 CLINTON AVE MINNEAPOLIS MN 55408 | MARK HANSON & VALERIE DEUS | RESIDENTIAL | $329,400 | 142 ft |
| 3504 CLINTON AVE MINNEAPOLIS MN 55408 | JINGHAN QU | RESIDENTIAL | $131,000 | 148 ft |
| 3512 CLINTON AVE MINNEAPOLIS MN 55408 | C4D LLC | RESIDENTIAL | $161,400 | 148 ft |
| 3516 CLINTON AVE MINNEAPOLIS MN 55408 | COMBUS JONES & LORENE JONES | RESIDENTIAL | $234,000 | 165 ft |
Most Recent Sale
Current Tax Year