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 · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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
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 2,323 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3505 5TH AVE S MINNEAPOLIS MN 55408 | SYLVIA D MONDANE | RESIDENTIAL | $308,200 | 42 ft |
| 3509 5TH AVE S MINNEAPOLIS MN 55408 | GABRIEL M MONTES-RIVERA | RESIDENTIAL | $206,000 | 84 ft |
| 3453 5TH AVE S MINNEAPOLIS MN 55408 | LEONARD FORBES | RESIDENTIAL | $343,500 | 102 ft |
| 3515 5TH AVE S MINNEAPOLIS MN 55408 | OLIVER RHODES ETAL | RESIDENTIAL | $180,000 | 126 ft |
| 3500 PORTLAND AVE MINNEAPOLIS MN 55407 | ANTHONY TROY JOHNSON JR | RESIDENTIAL-TWO UNIT | $424,000 | 133 ft |
| 3504 PORTLAND AVE MINNEAPOLIS MN 55407 | JASON EARL KENNEDY | RESIDENTIAL-TWO UNIT | $431,200 | 140 ft |
| 3449 5TH AVE S MINNEAPOLIS MN 55408 | SOVEREIGN INVESTMENTS INC | RESIDENTIAL | $254,900 | 144 ft |
| 3508 PORTLAND AVE MINNEAPOLIS MN 55407 | JUDITH E SANCHEZ GRANDA | RESIDENTIAL-TWO UNIT | $444,500 | 158 ft |
| 3517 5TH AVE S MINNEAPOLIS MN 55408 | 3517 5TH AVE S LLC | RESIDENTIAL | $212,500 | 168 ft |
| 3450 PORTLAND AVE MINNEAPOLIS MN 55407 | PN2 LLC | APARTMENT | $1,026,000 | 179 ft |
Most Recent Sale
Current Tax Year