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 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 3,295 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 8 BEDFORD ST S E MINNEAPOLIS MN 55414 | WEI ZHENG | CONDOMINIUM | $365,000 | 0 ft |
| 12 BEDFORD ST S E MINNEAPOLIS MN 55414 | ALICE EILEEN SNORTELAND | CONDOMINIUM | $324,000 | 0 ft |
| 14 BEDFORD ST S E MINNEAPOLIS MN 55414 | JAMES ERIC MOBERG | CONDOMINIUM | $337,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 3228 4TH ST S E MINNEAPOLIS MN 55414 | LEONARD AND MACY CHU TRUST | CONDOMINIUM | $311,000 | 101 ft |
| 3230 4TH ST S E MINNEAPOLIS MN 55414 | ZHIHUA YU & ZILIANG JIN | CONDOMINIUM | $324,000 | 101 ft |
| 3234 4TH ST S E MINNEAPOLIS MN 55414 | SHUO ZHANG | CONDOMINIUM | $375,000 | 101 ft |
| MN | Unknown | — | — | 101 ft |
| 3353 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3353 PROPERTIES LLC | LAND-COMMERCIAL | $470,300 | 102 ft |
| 3224 4TH ST S E MINNEAPOLIS MN 55414 | FRASER COMMUNITY SERVICES | LAND-COMMERCIAL | $0 | 126 ft |
Most Recent Sale
Current Tax Year