ParcelLens
Property Intelligence · Twin Cities
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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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2024 · Most recent: Aug 2024 (commercial minor)
Seitz Brothers 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 4,730 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3509 2ND AVE S MINNEAPOLIS MN 55408 | INVEST MINNEAPOLIS I LLC | APARTMENT | $2,165,300 | 53 ft |
| 3521 2ND AVE S MINNEAPOLIS MN 55408 | SOUTHSIDE COMMUNITY L P | LOW INCOME RENTAL | $1,157,000 | 63 ft |
| 3505 2ND AVE S MINNEAPOLIS MN 55408 | INVEST MINNEAPOLIS I LLC | APARTMENT | $2,166,300 | 95 ft |
| 3525 2ND AVE S MINNEAPOLIS MN 55408 | MPLS PUBLIC HOUSING AUTH | RESIDENTIAL | $0 | 116 ft |
| 3501 2ND AVE S MINNEAPOLIS MN 55408 | INVEST MINNEAPOLIS I LLC | APARTMENT | $2,166,300 | 137 ft |
| 3512 3RD AVE S MINNEAPOLIS MN 55408 | CINDY D VIGIL SANDOVAL | RESIDENTIAL | $327,500 | 141 ft |
| 3516 3RD AVE S MINNEAPOLIS MN 55408 | JOY ELAINE MARSH | RESIDENTIAL | $498,000 | 144 ft |
| 3508 3RD AVE S MINNEAPOLIS MN 55408 | T C HABITAT FOR HUMANITY INC | RESIDENTIAL | $308,000 | 150 ft |
| 3529 2ND AVE S MINNEAPOLIS MN 55408 | KANATA PROPERTIES LLP | VACANT LAND-APARTMENT | $72,200 | 157 ft |
| 3520 3RD AVE S MINNEAPOLIS MN 55408 | MCHENNEPIN INC | RESIDENTIAL | $164,000 | 159 ft |
Most Recent Sale
Current Tax Year