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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2616 3RD AVE S MINNEAPOLIS MN 55408 | E FLAT LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $1,012,000 | 53 ft |
| 2622 3RD AVE S MINNEAPOLIS MN 55408 | ESB3 LLC | APARTMENT | $595,000 | 53 ft |
| 2628 3RD AVE S MINNEAPOLIS MN 55408 | K T POWELL & E POWELL | RESIDENTIAL-TWO UNIT | $348,900 | 93 ft |
| 2612 3RD AVE S MINNEAPOLIS MN 55408 | E FLAT LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $750,000 | 106 ft |
| 2632 3RD AVE S MINNEAPOLIS MN 55408 | ESB3 LLC | APARTMENT | $1,153,000 | 133 ft |
| 2621 2ND AVE S MINNEAPOLIS MN 55408 | J W ARNOLD & A F ARNOLD | APARTMENT | $679,000 | 141 ft |
| 2625 2ND AVE S MINNEAPOLIS MN 55408 | L W WOODLAND & W A BAKER III | RESIDENTIAL-TWO UNIT | $338,100 | 143 ft |
| 2617 2ND AVE S MINNEAPOLIS MN 55408 | 2617 2ND AVENUE LLC | RESIDENTIAL-TWO UNIT | $325,500 | 154 ft |
| 2608 3RD AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 159 ft |
| 2629 2ND AVE S MINNEAPOLIS MN 55408 | H L DAVIS IV & K DAVIS | RESIDENTIAL | $378,300 | 160 ft |