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.
1 permit on record since 2023 · $18K total declared value · Most recent: Sep 2023 (misc)
SNAP CONSTRUCTION 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 2,841 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3417 2ND AVE S MINNEAPOLIS MN 55408 | ESSO PROPERTIES LLC | LOW INCOME RENTAL | $441,000 | 42 ft |
| 3409 2ND AVE S MINNEAPOLIS MN 55408 | A B MEDRANO ROSALES | RESIDENTIAL-TWO UNIT | $331,000 | 42 ft |
| 3423 2ND AVE S MINNEAPOLIS MN 55408 | F M JIBRIL & O A OMAR | RESIDENTIAL | $537,000 | 84 ft |
| 3405 2ND AVE S MINNEAPOLIS MN 55408 | TERESA ERIN LUND | RESIDENTIAL | $284,400 | 84 ft |
| 3425 2ND AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 126 ft |
| 209 34TH ST E MINNEAPOLIS MN 55408 | TERESA ERIN LUND | VACANT LAND-RESIDENTIAL | $51,000 | 126 ft |
| 3412 3RD AVE S MINNEAPOLIS MN 55408 | B C ORTIZ CAMPOVERDE ET AL | RESIDENTIAL | $299,500 | 140 ft |
| 3408 3RD AVE S MINNEAPOLIS MN 55408 | MATTHEW GENTLES | RESIDENTIAL-TWO UNIT | $400,300 | 146 ft |
| 3416 3RD AVE S MINNEAPOLIS MN 55408 | LANCE REDFIELD | RESIDENTIAL-TWO UNIT | $319,500 | 146 ft |
| 3420 3RD AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 163 ft |
Most Recent Sale
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