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.
4 permits on record since 2017 · $286K total declared value · Most recent: Nov 2017 (tempheat)
WENZEL HEATING AND AIR CONDITIONING
WENZEL HEATING AND AIR CONDITIONING
Budget Plumbing Corp
Wickenhauser Excavating 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
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 2,585 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3505 2ND AVE S MINNEAPOLIS MN 55408 | INVEST MINNEAPOLIS I LLC | APARTMENT | $2,166,300 | 42 ft |
| 3509 2ND AVE S MINNEAPOLIS MN 55408 | INVEST MINNEAPOLIS I LLC | APARTMENT | $2,165,300 | 84 ft |
| 3453 2ND AVE S MINNEAPOLIS MN 55408 | CLARA MARTINEZ PONCE | RESIDENTIAL | $258,500 | 102 ft |
| 3515 2ND AVE S MINNEAPOLIS MN 55408 | GT 3515 LLC | APARTMENT | $1,705,000 | 137 ft |
| 3500 3RD AVE S MINNEAPOLIS MN 55408 | P ENGSTROM & S ENGSTROM | RESIDENTIAL | $243,300 | 141 ft |
| 3449 2ND AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 144 ft |
| 3504 3RD AVE S MINNEAPOLIS MN 55408 | R M SCHMID & J L LAMBERT | RESIDENTIAL | $320,600 | 147 ft |
| 3508 3RD AVE S MINNEAPOLIS MN 55408 | T C HABITAT FOR HUMANITY INC | RESIDENTIAL | $308,000 | 164 ft |
| 3450 3RD AVE S MINNEAPOLIS MN 55408 | DARRILL BRUCE BERRY | RESIDENTIAL-TWO UNIT | $470,000 | 174 ft |
| 3445 2ND AVE S MINNEAPOLIS MN 55408 | ASHRAF M MOGHUL | RESIDENTIAL | $210,800 | 186 ft |
Most Recent Sale
Current Tax Year