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 3-story wood frame (5–12 units) benchmarks for 8,525 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 69 CLARENCE AVE S E MINNEAPOLIS MN 55414 | DONNA M SCHNEIDER | RESIDENTIAL-TWO UNIT | $581,600 | 51 ft |
| 79 CLARENCE AVE S E MINNEAPOLIS MN 55414 | C K HERMAN & W S HERMAN TRS | RESIDENTIAL | $496,000 | 77 ft |
| 85 CLARENCE AVE S E MINNEAPOLIS MN 55414 | C D LENDWAY & S LENDWAY | RESIDENTIAL | $487,900 | 103 ft |
| 65 CLARENCE AVE S E MINNEAPOLIS MN 55414 | BRIDGET ANN MATHIE | RESIDENTIAL | $648,000 | 113 ft |
| 60 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN C PAULING | RESIDENTIAL | $584,600 | 128 ft |
| 3342 PROSPECT TER MINNEAPOLIS MN 55414 | T A REAL ESTATE LLC | RESIDENTIAL | $267,200 | 147 ft |
| 3348 PROSPECT TER MINNEAPOLIS MN 55414 | MATTHEW L ZERBY | RESIDENTIAL | $244,000 | 151 ft |
| 64 BEDFORD ST S E MINNEAPOLIS MN 55414 | UNIV BIB FEL MPLS I CHAPTER | APARTMENT | $0 | 159 ft |
| 3352 PROSPECT TER MINNEAPOLIS MN 55414 | TERRY WAYNE HOKENSON | RESIDENTIAL | $215,000 | 164 ft |
| 54 BEDFORD ST S E MINNEAPOLIS MN 55414 | A M BUGBEE & B J BUGBEE-TONG | RESIDENTIAL | $449,000 | 165 ft |
Most Recent Sale
Current Tax Year