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 ↗Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 2019 · $6K total declared value · Most recent: Jul 2025 (existres)
Professional Mechanical Services LLC
NORTHFACE CONSTRUCTION LLC
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 55409
Source: Redfin Data Center (Invalid Date) · Zip 55409
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 sfr / adu benchmarks for 613 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3705 2ND AVE S MINNEAPOLIS MN 55409 | DIANE DENISE REDDITT | RESIDENTIAL | $199,200 | 61 ft |
| 3701 2ND AVE S MINNEAPOLIS MN 55409 | ROBERT OLSON & GLENN OLSON | RESIDENTIAL | $265,000 | 66 ft |
| 3709 2ND AVE S MINNEAPOLIS MN 55409 | NORTH STAR HOUSES LLC | LOW INCOME RENTAL | $282,800 | 77 ft |
| 3700 3RD AVE S MINNEAPOLIS MN 55409 | HENOK GEBREEGZIABHER | RESIDENTIAL-TWO UNIT | $312,400 | 99 ft |
| 3704 3RD AVE S MINNEAPOLIS MN 55409 | JASON PAPP & CHI-LI PAPP | RESIDENTIAL-TWO UNIT | $271,400 | 100 ft |
| 3715 2ND AVE S MINNEAPOLIS MN 55409 | PATRICIA GIL-ZAMORANO | RESIDENTIAL | $200,000 | 112 ft |
| 3708 3RD AVE S MINNEAPOLIS MN 55409 | MAZZARINE F MOSS TRUSTEE | RESIDENTIAL-TWO UNIT | $329,100 | 116 ft |
| 3657 2ND AVE S MINNEAPOLIS MN 55409 | SAMUEL CHOI & JOANNA R CHOI | RESIDENTIAL | $290,700 | 123 ft |
| 3712 3RD AVE S MINNEAPOLIS MN 55409 | ELMER EQUITIES LLC | RESIDENTIAL-TWO UNIT | $310,600 | 142 ft |
| 3717 2ND AVE S MINNEAPOLIS MN 55409 | WAYNE VRIONI | RESIDENTIAL | $151,000 | 149 ft |
Most Recent Sale
Current Tax Year