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 ↗Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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.
3 permits on record since 2024 · Most recent: Mar 2026 (existres)
MAJESTIC CUSTOM HEATING & AIR CONDITIONING
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
King Field · 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 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 small multifamily (2–4 units, wood frame) benchmarks for 6,041 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3708 STEVENS AVE MINNEAPOLIS MN 55409 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 57 ft |
| 3718 STEVENS AVE MINNEAPOLIS MN 55409 | P A ANDERSON/L ANDERSON ETAL | RESIDENTIAL | $326,400 | 57 ft |
| 3720 STEVENS AVE MINNEAPOLIS MN 55409 | ROHIT KUMAR | RESIDENTIAL-TWO UNIT | $333,300 | 95 ft |
| 3704 STEVENS AVE MINNEAPOLIS MN 55409 | BRUCE A ANDERSON | RESIDENTIAL | $268,700 | 114 ft |
| 3726 STEVENS AVE MINNEAPOLIS MN 55409 | MANUEL J GUIRACOCHA | RESIDENTIAL | $307,000 | 133 ft |
| 3717 1ST AVE S MINNEAPOLIS MN 55409 | HALLIE HUGHES/TAYLOR KUECHLE | RESIDENTIAL-TWO UNIT | $419,300 | 144 ft |
| 3715 1ST AVE S MINNEAPOLIS MN 55409 | JSW PROPERTIES LLC | RESIDENTIAL | $472,000 | 144 ft |
| 3719 1ST AVE S MINNEAPOLIS MN 55409 | CHRISTINA GIBBON PENA | RESIDENTIAL | $329,000 | 154 ft |
| 3711 1ST AVE S MINNEAPOLIS MN 55409 | JOHN GREILING/KYLIE GREILING | RESIDENTIAL | $265,000 | 154 ft |
| 3700 STEVENS AVE MINNEAPOLIS MN 55409 | SEYOUM Z WOLDEYOHANNES ET AL | RESIDENTIAL | $428,000 | 171 ft |
Most Recent Sale
Current Tax Year