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 |
|---|---|---|---|---|
| 3106 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | PAUCAR VELEZ LLC | RESIDENTIAL-TWO UNIT | $300,400 | 55 ft |
| 3110 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MANUEL S MARCATOMA | RESIDENTIAL | $327,000 | 95 ft |
| 3058 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S D BILLMEIER & D F ARMENTA | RESIDENTIAL-TWO UNIT | $452,000 | 105 ft |
| 3056 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MAAE PROPERTIES LLC | RESIDENTIAL | $646,000 | 129 ft |
| 3116 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MICHAEL W MATTOCK RV TR ETAL | RESIDENTIAL-TWO UNIT | $308,300 | 130 ft |
| 3101 15TH AVE S MINNEAPOLIS MN 55407 | N J FLORES INAMAGUA | RESIDENTIAL | $314,600 | 136 ft |
| 3109 15TH AVE S MINNEAPOLIS MN 55407 | LARRY CHARLES STOWES | RESIDENTIAL | $339,900 | 145 ft |
| 3050 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | DAVID J SCHNABI | LAND-COMMERCIAL | $63,000 | 158 ft |
| 3118 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JERRY MOUA & SOULITA HER | RESIDENTIAL-TWO UNIT | $331,500 | 161 ft |
| 3113 15TH AVE S MINNEAPOLIS MN 55407 | YER & CHAO VANG | RESIDENTIAL | $287,000 | 168 ft |