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.
15 permits on record since 2018 · $50K total declared value · Most recent: Mar 2022 (existres)
TWIN CITY HEATING AND AIR
TWIN CITY HEATING AND AIR
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Midland HVAC LLC
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 2,833 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3516 HOLMES AVE S MINNEAPOLIS MN 55408 | LAMERE LIVING TRUST | RESIDENTIAL | $651,800 | 42 ft |
| 3524 HOLMES AVE S MINNEAPOLIS MN 55408 | NATALIE GERSTENKORN WELSCH | RESIDENTIAL | $475,000 | 42 ft |
| 3528 HOLMES AVE S MINNEAPOLIS MN 55408 | ANDREW TILMAN & K ROSTVOLD | RESIDENTIAL | $541,800 | 84 ft |
| 3512 HOLMES AVE S MINNEAPOLIS MN 55408 | T A H MCNARON TRUSTEE | RESIDENTIAL | $578,100 | 91 ft |
| 3532 HOLMES AVE S MINNEAPOLIS MN 55408 | NJW LLC | RESIDENTIAL-TWO UNIT | $756,900 | 126 ft |
| 3521 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | T H STRAND & D L JESSEN | RESIDENTIAL | $443,300 | 140 ft |
| 3517 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | O ALOWOOJA & G JOSEPH | RESIDENTIAL | $556,500 | 146 ft |
| 3506 HOLMES AVE S MINNEAPOLIS MN 55408 | BECKY WAEGE/SCOTT ZASTOUPIL | RESIDENTIAL | $646,900 | 147 ft |
| 3525 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | STEPHEN L DIERINGER | RESIDENTIAL-TWO UNIT | $546,000 | 147 ft |
| 3515 HUMBOLDT AVE S MINNEAPOLIS MN 55408 | ERIN FRANCHON GLYNN | CONDOMINIUM | $359,000 | 163 ft |
Most Recent Sale
Current Tax Year