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.
2 permits on record since 2024 · $12K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
Gabriel M Montes-Rivera
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 2,546 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3515 5TH AVE S MINNEAPOLIS MN 55408 | OLIVER RHODES ETAL | RESIDENTIAL | $180,000 | 42 ft |
| 3505 5TH AVE S MINNEAPOLIS MN 55408 | SYLVIA D MONDANE | RESIDENTIAL | $308,200 | 42 ft |
| 3517 5TH AVE S MINNEAPOLIS MN 55408 | 3517 5TH AVE S LLC | RESIDENTIAL | $212,500 | 84 ft |
| 3501 5TH AVE S MINNEAPOLIS MN 55408 | WA YEE VANG & XIA YANG | RESIDENTIAL-TWO UNIT | $338,100 | 84 ft |
| 3521 5TH AVE S MINNEAPOLIS MN 55408 | MELISSA PALL & AMAN PALL | RESIDENTIAL | $284,000 | 126 ft |
| 3508 PORTLAND AVE MINNEAPOLIS MN 55407 | JUDITH E SANCHEZ GRANDA | RESIDENTIAL-TWO UNIT | $444,500 | 133 ft |
| 3504 PORTLAND AVE MINNEAPOLIS MN 55407 | JASON EARL KENNEDY | RESIDENTIAL-TWO UNIT | $431,200 | 139 ft |
| 3512 PORTLAND AVE MINNEAPOLIS MN 55407 | ASHLEY CURNOW/SCOTT DAHLGREN | CONDOMINIUM | $128,000 | 140 ft |
| 3512 PORTLAND AVE MINNEAPOLIS MN 55407 | JUSTIN LEAF | CONDOMINIUM | $128,000 | 140 ft |
| 3512 PORTLAND AVE MINNEAPOLIS MN 55407 | THERESA J HINNENKAMP | CONDOMINIUM | $134,000 | 140 ft |
Most Recent Sale
Current Tax Year