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.
1 permit on record since 2014 · $233K total declared value · Most recent: Aug 2014 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
South Uptown · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 81
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 2,822 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3145 ALDRICH AVE S MINNEAPOLIS MN 55408 | LCP ALDRICH LLC | APARTMENT | $646,000 | 45 ft |
| 3137 ALDRICH AVE S MINNEAPOLIS MN 55408 | ALDRICH PROPERTIES LLC | APARTMENT | $2,148,000 | 58 ft |
| 712 32ND ST W MINNEAPOLIS MN 55408 | 712 WEST 32ND LLC | APARTMENT | $645,000 | 85 ft |
| 3149 ALDRICH AVE S MINNEAPOLIS MN 55408 | 3149 ALDRICH LLC | APARTMENT | $686,000 | 94 ft |
| 3129 ALDRICH AVE S MINNEAPOLIS MN 55408 | ALDRICH PROPERTIES LLC | APARTMENT | $2,148,000 | 126 ft |
| 3142 LYNDALE AVE S MINNEAPOLIS MN 55408 | THE UPLAND LLC | LOW INCOME RENTAL | $3,438,000 | 132 ft |
| 3136 LYNDALE AVE S MINNEAPOLIS MN 55408 | W T MADLAND & B A MADLAND | RESIDENTIAL-TWO UNIT | $454,100 | 139 ft |
| 3150 LYNDALE AVE S MINNEAPOLIS MN 55408 | MOTUNRAYO ADEOLA DIADEM | RESIDENTIAL-TWO UNIT | $606,500 | 159 ft |
| 3132 LYNDALE AVE S MINNEAPOLIS MN 55408 | THOMAS P MUSCALA | RESIDENTIAL-TWO UNIT | $380,800 | 160 ft |
| 3125 ALDRICH AVE S MINNEAPOLIS MN 55408 | ALDRICH PROPERTIES LLC | APARTMENT | $882,000 | 184 ft |
Most Recent Sale
Current Tax Year