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.
4 permits on record since 2003 · $124K total declared value · Most recent: Jul 2024 (misc)
ROOF TIME INC
First Class Plumbing & Heating LLC
BIG BOX CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
East Bde Maka Ska · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1080
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 3,113 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3117 HOLMES AVE S MINNEAPOLIS MN 55408 | JOEL & SUSAN SANDVIG SHOBE | RESIDENTIAL-TWO UNIT | $623,300 | 46 ft |
| 3109 HOLMES AVE S MINNEAPOLIS MN 55408 | R A BERSKOW & J M B BERSKOW | TRIPLEX | $897,300 | 46 ft |
| 1435 31ST ST W MINNEAPOLIS MN 55408 | 1435 LLC | APARTMENT | $2,882,000 | 113 ft |
| 3121 HOLMES AVE S MINNEAPOLIS MN 55408 | KANATA PROP YORKSHIRE LLC | APARTMENT | $2,869,000 | 115 ft |
| 3112 HENNEPIN AVE MINNEAPOLIS MN 55408 | 3112 HENNEPIN S LLC | COMMERCIAL-PREFERRED | $703,000 | 139 ft |
| 3106 HENNEPIN AVE MINNEAPOLIS MN 55408 | APS LAND INC | COMMERCIAL-PREFERRED | $693,000 | 146 ft |
| 3114 HENNEPIN AVE MINNEAPOLIS MN 55408 | HALE P KUNERTH TRUSTEE | RESIDENTIAL-TWO UNIT | $544,300 | 146 ft |
| 3104 HENNEPIN AVE MINNEAPOLIS MN 55408 | BRIDGEWATER BANK | COMMERCIAL-PREFERRED | $663,700 | 166 ft |
| 3120 HENNEPIN AVE MINNEAPOLIS MN 55408 | MELISSA M DREIER | CONDOMINIUM | $127,000 | 179 ft |
| 3120 HENNEPIN AVE MINNEAPOLIS MN 55408 | MICHAEL JAMES HORVATH | CONDOMINIUM | $111,000 | 179 ft |
Most Recent Sale
Current Tax Year