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 ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗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 78.01
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 3-story wood frame (5–12 units) benchmarks for 3,334 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2613 3RD AVE S MINNEAPOLIS MN 55408 | CLARE HOUSING | RESIDENTIAL | $0 | 48 ft |
| 2605 3RD AVE S MINNEAPOLIS MN 55408 | NANCY SCHWARTZ | APARTMENT | $137,000 | 48 ft |
| 2601 3RD AVE S MINNEAPOLIS MN 55408 | NANCY SCHWARTZ | APARTMENT | $505,000 | 96 ft |
| 2617 3RD AVE S MINNEAPOLIS MN 55408 | NORMANDALE HOUSING CORP | APARTMENT | $875,000 | 100 ft |
| 2608 CLINTON AVE MINNEAPOLIS MN 55408 | S GRANDE/A D MARTINEZ GRANDE | CONDOMINIUM | $170,000 | 139 ft |
| 2610 CLINTON AVE MINNEAPOLIS MN 55408 | JAMES R HANSEN | CONDOMINIUM | $154,000 | 139 ft |
| 2612 CLINTON AVE MINNEAPOLIS MN 55408 | MEL M ALLEN | CONDOMINIUM | $154,000 | 139 ft |
| 2614 CLINTON AVE MINNEAPOLIS MN 55408 | LE TRUONG & GIANG TRUONG | CONDOMINIUM | $154,000 | 139 ft |
| 2616 CLINTON AVE MINNEAPOLIS MN 55408 | ALEX JEROME | CONDOMINIUM | $154,000 | 139 ft |
| 2618 CLINTON AVE MINNEAPOLIS MN 55408 | YAASIIN AXMAD | CONDOMINIUM | $153,000 | 139 ft |
Most Recent Sale
Current Tax Year