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 2025 · $11K total declared value · Most recent: Mar 2025 (commfdrr)
Vector Services LLC
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 3,173 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3116 FREMONT AVE S MINNEAPOLIS MN 55408 | CLARK A GASSEN | RESIDENTIAL-TWO UNIT | $440,700 | 46 ft |
| 3124 FREMONT AVE S MINNEAPOLIS MN 55408 | ISLES 2015 LLC | APARTMENT | $636,000 | 46 ft |
| 3128 FREMONT AVE S MINNEAPOLIS MN 55408 | CASSANDRA MILLER | RESIDENTIAL | $388,000 | 92 ft |
| 3112 FREMONT AVE S MINNEAPOLIS MN 55408 | T K D'AVILA & J A SHANNON | RESIDENTIAL | $482,900 | 92 ft |
| 3132 FREMONT AVE S MINNEAPOLIS MN 55408 | M D SMITH & L B SMITH | RESIDENTIAL | $483,800 | 137 ft |
| 3110 FREMONT AVE S MINNEAPOLIS MN 55408 | THOMAS BROICH | RESIDENTIAL-TWO UNIT | $509,000 | 138 ft |
| 3121 GIRARD AVE S MINNEAPOLIS MN 55408 | GREMAR PROPERTIES LLC | APARTMENT | $850,000 | 140 ft |
| 3117 GIRARD AVE S MINNEAPOLIS MN 55408 | D&B 3117 LLC | APARTMENT | $818,000 | 147 ft |
| 3125 GIRARD AVE S MINNEAPOLIS MN 55408 | MET GIRARD LLC | TRIPLEX | $639,500 | 149 ft |
| 3115 GIRARD AVE S MINNEAPOLIS MN 55408 | CALEB CRESWELL | APARTMENT | $653,000 | 167 ft |
Most Recent Sale
Current Tax Year