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 ↗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 2023 · Most recent: Jun 2023 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Cooper · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1076
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
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 2,655 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3018 40TH AVE S MINNEAPOLIS MN 55406 | J H POELEN & P LUBOFF | RESIDENTIAL | $300,000 | 40 ft |
| 3010 40TH AVE S MINNEAPOLIS MN 55406 | 3010 40TH AVENUE S LLC | RESIDENTIAL-TWO UNIT | $402,900 | 40 ft |
| 3022 40TH AVE S MINNEAPOLIS MN 55406 | J LUTZ & L W MURRAY | RESIDENTIAL | $307,100 | 80 ft |
| 3026 40TH AVE S MINNEAPOLIS MN 55406 | JENNIFER A & PAUL M HABERMAN | RESIDENTIAL | $346,100 | 120 ft |
| 3927 LAKE ST E MINNEAPOLIS MN 55406 | JULIUS DEROMA | APARTMENT | $801,000 | 128 ft |
| 3015 39TH AVE S MINNEAPOLIS MN 55406 | C WILLMENG & M WILLMENG ETAL | RESIDENTIAL | $310,200 | 142 ft |
| 3009 39TH AVE S MINNEAPOLIS MN 55406 | LENEL HOUSE | RESIDENTIAL-TWO UNIT | $402,500 | 148 ft |
| 3017 39TH AVE S MINNEAPOLIS MN 55406 | JACKSON FOSSEN | RESIDENTIAL | $237,900 | 148 ft |
| 3030 40TH AVE S MINNEAPOLIS MN 55406 | E S O'BRIEN & P S O'BRIEN | RESIDENTIAL | $363,800 | 161 ft |
| 3023 39TH AVE S MINNEAPOLIS MN 55406 | E BECKER & D H WARRINGTON JR | RESIDENTIAL | $316,200 | 163 ft |
Most Recent Sale
Current Tax Year