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 ↗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.
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 85
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 |
|---|---|---|---|---|
| 3045 15TH AVE S MINNEAPOLIS MN 55407 | MARGARET J LAMORIE | RESIDENTIAL | $115,000 | 50 ft |
| 3055 15TH AVE S MINNEAPOLIS MN 55407 | TIMARI MACALISTER ROBISON | APARTMENT | $491,000 | 55 ft |
| 3041 15TH AVE S MINNEAPOLIS MN 55407 | STEPHANY DURAN SANCHEZ | RESIDENTIAL-TWO UNIT | $384,400 | 96 ft |
| 3037 15TH AVE S MINNEAPOLIS MN 55407 | SCOTT R & JOAN E PEARSON | VACANT LAND-RESIDENTIAL | $11,000 | 136 ft |
| 3048 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LUX GROUP LLC | COMMERCIAL-PREFERRED | $415,000 | 137 ft |
| 3050 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | DAVID J SCHNABI | LAND-COMMERCIAL | $63,000 | 137 ft |
| 3046 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | D V P MERCHAN/M S YUQUILIMA | RESIDENTIAL-TWO UNIT | $268,200 | 143 ft |
| 3056 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MAAE PROPERTIES LLC | RESIDENTIAL | $646,000 | 144 ft |
| 3058 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S D BILLMEIER & D F ARMENTA | RESIDENTIAL-TWO UNIT | $452,000 | 153 ft |
| 3042 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MAS HOLDINGS LLC | COMMERCIAL-PREFERRED | $594,000 | 163 ft |