On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
5 permits on record since 2020 · $1.3M total declared value · Most recent: Feb 2025 (remodel)
CEDAR CREEK ENERGY CORP
MODERN HEATING AND AIR CONDITIONING INC
Peters Plumbing LLC
Peters Plumbing LLC
Rise Construction Services
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Ericsson · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1111
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 3,800 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4208 32ND AVE S MINNEAPOLIS MN 55406 | M PEREYRA/MEGAN R D-PEREYRA | RESIDENTIAL | $550,000 | 55 ft |
| 4212 32ND AVE S MINNEAPOLIS MN 55406 | THANG DAC HO, DAM THI NGUYEN | RESIDENTIAL | $250,000 | 95 ft |
| 3111 42ND ST E MINNEAPOLIS MN 55406 | JODI K HENNING | RESIDENTIAL | $218,000 | 104 ft |
| 3120 42ND ST E MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 132 ft |
| 4216 32ND AVE S MINNEAPOLIS MN 55406 | LINDA K RANDERS | RESIDENTIAL | $299,000 | 135 ft |
| 3201 42ND ST E MINNEAPOLIS MN 55406 | DANIEL AMASTAL TULA | RESIDENTIAL | $293,900 | 153 ft |
| 4207 31ST AVE S MINNEAPOLIS MN 55406 | MICHAEL L KEPHART | RESIDENTIAL | $289,300 | 164 ft |
| 4207 32ND AVE S MINNEAPOLIS MN 55406 | N T JARLSBERG & K M FELDKAMP | RESIDENTIAL | $43,000 | 164 ft |
| 4152 32ND AVE S MINNEAPOLIS MN 55406 | COURTNEY NUSSBAUMER | RESIDENTIAL | $330,200 | 168 ft |
| 3101 42ND ST E MINNEAPOLIS MN 55406 | TERCERO LLC | COMMERCIAL-PREFERRED | $800,000 | 174 ft |
Most Recent Sale
Current Tax Year