Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
1 permit on record since 2025 · Most recent: Mar 2025 (res)
ST PAUL PLUMBING AND HEATING CO INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lowry Hill East · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 77
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 small multifamily (2–4 units, wood frame) benchmarks for 2,613 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2817 COLFAX AVE S MINNEAPOLIS MN 55408 | LUBENOW PROPERTIES LLC ET AL | RESIDENTIAL-TWO UNIT | $424,600 | 41 ft |
| 2813 COLFAX AVE S MINNEAPOLIS MN 55408 | D STROMBERG & M R SOLEM | RESIDENTIAL | $296,000 | 86 ft |
| 2809 COLFAX AVE S MINNEAPOLIS MN 55408 | K L KUNGEL & N A KUNGEL | RESIDENTIAL-TWO UNIT | $465,500 | 126 ft |
| 2820 BRYANT AVE S MINNEAPOLIS MN 55408 | LUBENOW PROPERTIES LLC ET AL | RESIDENTIAL | $268,000 | 135 ft |
| 2816 BRYANT AVE S MINNEAPOLIS MN 55408 | LUBENOW PROPERTIES LLC ET AL | RESIDENTIAL | $251,000 | 141 ft |
| 2812 BRYANT AVE S MINNEAPOLIS MN 55408 | LUBENOW PROPERTIES LLC ET AL | RESIDENTIAL | $272,000 | 160 ft |
| 2840 BRYANT AVE S MINNEAPOLIS MN 55408 | KAREN H EARL TRUST | CONDO GARAGE/MISCELLANEOUS | $18,000 | 163 ft |
| 2840 BRYANT AVE S MINNEAPOLIS MN 55408 | MICHELE L SWANSON | CONDO GARAGE/MISCELLANEOUS | $18,000 | 163 ft |
| 2840 BRYANT AVE S MINNEAPOLIS MN 55408 | J M ABEL & J J ABEL | CONDO GARAGE/MISCELLANEOUS | $18,000 | 163 ft |
| 2840 BRYANT AVE S MINNEAPOLIS MN 55408 | THOMAS COLE & MAREN MINER | CONDO GARAGE/MISCELLANEOUS | $18,000 | 163 ft |
Most Recent Sale
Current Tax Year