ParcelLens
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 ↗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
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,811 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3206 15TH AVE S MINNEAPOLIS MN 55407 | JOHN PETER EVEREST | RESIDENTIAL-TWO UNIT | $375,800 | 45 ft |
| 3210 15TH AVE S MINNEAPOLIS MN 55407 | E STRASSER & B STRASSER | TRIPLEX | $501,400 | 98 ft |
| 3154 15TH AVE S MINNEAPOLIS MN 55407 | ALEXEI SAFONOV/IRINA SAFONOV | TRIPLEX | $433,400 | 128 ft |
| 3201 14TH AVE S MINNEAPOLIS MN 55407 | 3412 BLOOMINGTON LLC | APARTMENT | $1,295,000 | 139 ft |
| 1410 32ND ST E MINNEAPOLIS MN 55407 | R M U VANDERVORSTE ET AL | RESIDENTIAL-TWO UNIT | $297,600 | 149 ft |
| 3207 14TH AVE S MINNEAPOLIS MN 55407 | WILLIAM R & SARAH J NOREEN | RESIDENTIAL | $283,400 | 150 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | MARY SOUDER | CONDOMINIUM | $167,000 | 158 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | STEPHANIE SCHMIDT | CONDOMINIUM | $170,000 | 158 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | RSN DOUGLAS TRUST | CONDOMINIUM | $170,000 | 158 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | SYLVIA THOMAS | CONDOMINIUM | $162,000 | 158 ft |
Most Recent Sale
Current Tax Year