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.
8 permits on record since 2018 · $129K total declared value · Most recent: Oct 2025 (res)
BKMC
BKMC
Peng Lei
Avid Heating and Cooling Inc
Avid Heating and Cooling 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 55409
Source: Redfin Data Center (Invalid Date) · Zip 55409
Urban Neighborhood 3 — medium-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 2,725 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3740 5TH AVE S MINNEAPOLIS MN 55409 | MALLIKA DUTTA | RESIDENTIAL | $213,000 | 40 ft |
| 3748 5TH AVE S MINNEAPOLIS MN 55409 | CONCEPCION R JARA | RESIDENTIAL | $341,000 | 40 ft |
| 3736 5TH AVE S MINNEAPOLIS MN 55409 | DANIEL STRUCK & K RIMMEREID | RESIDENTIAL | $272,500 | 80 ft |
| 3756 5TH AVE S MINNEAPOLIS MN 55409 | MATTHEW JAMES TURNER | RESIDENTIAL | $399,000 | 100 ft |
| 3732 5TH AVE S MINNEAPOLIS MN 55409 | ERIC KAI-TA HSU | RESIDENTIAL | $314,000 | 120 ft |
| 3745 4TH AVE S MINNEAPOLIS MN 55409 | MARY B HANNULA | RESIDENTIAL | $253,000 | 143 ft |
| 3749 4TH AVE S MINNEAPOLIS MN 55409 | PHALLA SEAK | RESIDENTIAL | $305,700 | 148 ft |
| 3741 4TH AVE S MINNEAPOLIS MN 55409 | MARK FICK & ROSHANI SARAIYA | RESIDENTIAL | $310,800 | 149 ft |
| 3728 5TH AVE S MINNEAPOLIS MN 55409 | LAURITA RUBIO | RESIDENTIAL-TWO UNIT | $329,300 | 160 ft |
| 3753 4TH AVE S MINNEAPOLIS MN 55409 | CHENEY VO & TRACY MINH CHU | COMMERCIAL-PREFERRED | $168,000 | 160 ft |
Most Recent Sale
Current Tax Year