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 ↗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 ↗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.
12 permits on record since 2019 · $155K total declared value · Most recent: Mar 2021 (misc)
SHC CONTRACTING LLC
WOLF RIVER ELECTRIC
EGRESS WINDOW GUY
Weld and Sons Plumbing Inc
Weld and Sons Plumbing Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1093
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 2,682 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3430 STEVENS AVE MINNEAPOLIS MN 55408 | STAR MANAGEMENT LLC | TRIPLEX | $522,700 | 40 ft |
| 3440 STEVENS AVE MINNEAPOLIS MN 55408 | STEADY PROPERTIES LLC | RESIDENTIAL | $323,400 | 40 ft |
| 3444 STEVENS AVE MINNEAPOLIS MN 55408 | VICTOR ARIZA AND | RESIDENTIAL | $273,000 | 82 ft |
| 3424 STEVENS AVE MINNEAPOLIS MN 55408 | ORIOLE JANKEN LLC | APARTMENT | $937,000 | 104 ft |
| 3435 1ST AVE S MINNEAPOLIS MN 55408 | SHAUN BABCOCK | RESIDENTIAL-TWO UNIT | $369,300 | 143 ft |
| 120 35TH ST E MINNEAPOLIS MN 55408 | CITY OF LAKES COMMUN LAND TR | RESIDENTIAL | $192,900 | 145 ft |
| 3431 1ST AVE S MINNEAPOLIS MN 55408 | DANIELLE J CLASEMAN | RESIDENTIAL | $322,000 | 148 ft |
| 3439 1ST AVE S MINNEAPOLIS MN 55408 | BRANNON IMAMURA | RESIDENTIAL | $276,300 | 149 ft |
| 118 35TH ST E MINNEAPOLIS MN 55408 | ABDON MESIAS RIVERA RIVERA | RESIDENTIAL | $339,200 | 151 ft |
| 122 35TH ST E MINNEAPOLIS MN 55408 | AISHA SARAH GOMEZ | RESIDENTIAL | $239,000 | 151 ft |
Most Recent Sale
Current Tax Year