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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-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 sfr / adu benchmarks for 849 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3348 PROSPECT TER MINNEAPOLIS MN 55414 | MATTHEW L ZERBY | RESIDENTIAL | $244,000 | 44 ft |
| 3352 PROSPECT TER MINNEAPOLIS MN 55414 | TERRY WAYNE HOKENSON | RESIDENTIAL | $215,000 | 86 ft |
| 3338 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE TOWER HILL BUILDING LLC | COMMERCIAL-PREFERRED | $3,230,000 | 98 ft |
| 69 CLARENCE AVE S E MINNEAPOLIS MN 55414 | DONNA M SCHNEIDER | RESIDENTIAL-TWO UNIT | $581,600 | 145 ft |
| 73 CLARENCE AVE S E MINNEAPOLIS MN 55414 | KYLE C RATH & MEIGAN J RATH | RESIDENTIAL | $589,000 | 147 ft |
| 54 BEDFORD ST S E MINNEAPOLIS MN 55414 | A M BUGBEE & B J BUGBEE-TONG | RESIDENTIAL | $449,000 | 151 ft |
| 60 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN C PAULING | RESIDENTIAL | $584,600 | 171 ft |
| 50 BEDFORD ST S E MINNEAPOLIS MN 55414 | MARILYN JEAN JENKINS TRUST | COMMERCIAL-PREFERRED | $685,000 | 171 ft |
| 65 CLARENCE AVE S E MINNEAPOLIS MN 55414 | BRIDGET ANN MATHIE | RESIDENTIAL | $648,000 | 174 ft |
| 3350 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3350 UNI PROP LLC | VACANT LAND-APARTMENT | $506,400 | 178 ft |
Most Recent Sale
Current Tax Year