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Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2022 · $26K total declared value · Most recent: Sep 2023 (misc)
SELA ROOFING AND REMODELING INC
Dean's Professional Plumbing Inc
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 85
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 2,556 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3037 16TH AVE S MINNEAPOLIS MN 55407 | HEATHER HINRICHSEN | RESIDENTIAL | $257,900 | 41 ft |
| 3029 16TH AVE S MINNEAPOLIS MN 55407 | MARTHA CELINA ACOSTA JUAREZ | RESIDENTIAL | $157,000 | 41 ft |
| 3041 16TH AVE S MINNEAPOLIS MN 55407 | ESPERANZA LAZO | RESIDENTIAL | $277,200 | 82 ft |
| 3025 16TH AVE S MINNEAPOLIS MN 55407 | ERNESTINE KEMP | RESIDENTIAL | $311,000 | 82 ft |
| 3045 16TH AVE S MINNEAPOLIS MN 55407 | C V PANGLE & R L WOOD | RESIDENTIAL | $317,500 | 123 ft |
| 3021 16TH AVE S MINNEAPOLIS MN 55407 | THAI VANG & PHOUA CHANG | RESIDENTIAL | $163,100 | 123 ft |
| 3032 17TH AVE S MINNEAPOLIS MN 55407 | B E G COMINO & A U CALDERON | RESIDENTIAL | $348,000 | 136 ft |
| 3026 17TH AVE S MINNEAPOLIS MN 55407 | ELAINE C THURSTON | RESIDENTIAL-TWO UNIT | $340,200 | 142 ft |
| 3034 17TH AVE S MINNEAPOLIS MN 55407 | M PATINO & M D L A S PATINO | RESIDENTIAL-TWO UNIT | $315,700 | 142 ft |
| 3024 17TH AVE S MINNEAPOLIS MN 55407 | DONOVAN MIKROT | RESIDENTIAL | $283,300 | 159 ft |
Most Recent Sale
Current Tax Year