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 ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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.
3 permits on record since 2019 · $3K total declared value · Most recent: Sep 2023 (misc)
THE HOME DEPOT
Warners Stellian Co Inc
Urban Pine Plumbing and Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Marcy Holmes · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-density 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 small multifamily (2–4 units, wood frame) benchmarks for 2,458 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 522 3RD AVE S E MINNEAPOLIS MN 55414 | V THORSTENSON & C JOHNSON | RESIDENTIAL | $337,100 | 65 ft |
| 316 6TH ST S E MINNEAPOLIS MN 55414 | J E GOEBERL & A THIBEAULT | RESIDENTIAL | $560,800 | 108 ft |
| 516 3RD AVE S E MINNEAPOLIS MN 55414 | CCHUN PROPERTIES LLC ET AL | TRIPLEX | $431,400 | 127 ft |
| 318 6TH ST S E MINNEAPOLIS MN 55414 | BILLY R SOMMERS | RESIDENTIAL | $270,000 | 148 ft |
| 309 6TH ST S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $3,868,000 | 192 ft |
| 529 4TH AVE S E MINNEAPOLIS MN 55414 | HIWOT KASSAYE | RESIDENTIAL | $430,900 | 221 ft |
| 525 4TH AVE S E MINNEAPOLIS MN 55414 | 525 4TH AVENUE LLC | RESIDENTIAL | $269,400 | 222 ft |
| 521 4TH AVE S E MINNEAPOLIS MN 55414 | S GRIGGS & B SOMMERS | RESIDENTIAL | $328,000 | 228 ft |
| 301 5TH ST S E MINNEAPOLIS MN 55414 | GSH PROPERTIES 1 LLC | APARTMENT | $1,298,000 | 229 ft |
| 307 5TH ST S E MINNEAPOLIS MN 55414 | DAVID J CURRY MARITAL TRUST | RESIDENTIAL-TWO UNIT | $484,100 | 232 ft |
Most Recent Sale
Current Tax Year