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 2020 · $4K total declared value · Most recent: Jun 2024 (res)
CHAMPION PLUMBING LLC
GBI Homes 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 1,423 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3303 15TH AVE S MINNEAPOLIS MN 55407 | MARGARET FLOOD | RESIDENTIAL | $221,700 | 30 ft |
| 3307 15TH AVE S MINNEAPOLIS MN 55407 | RANDOLPH FRANCIS DE LA PENA | RESIDENTIAL | $166,100 | 60 ft |
| 3311 15TH AVE S MINNEAPOLIS MN 55407 | RENOWN RENOVATIONS LLC | RESIDENTIAL | $161,300 | 90 ft |
| 3255 15TH AVE S MINNEAPOLIS MN 55407 | SARAH BENSON | TRIPLEX | $493,300 | 105 ft |
| 3313 15TH AVE S MINNEAPOLIS MN 55407 | J D PEARSON & J G SCHMITT TR | RESIDENTIAL | $320,200 | 128 ft |
| 3300 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LOWELL PRESCOTT | RESIDENTIAL | $279,000 | 137 ft |
| 3253 15TH AVE S MINNEAPOLIS MN 55407 | HADDAYR COPLEY WOODS | RESIDENTIAL | $189,500 | 150 ft |
| 3306 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARIA E LALA | RESIDENTIAL-TWO UNIT | $314,000 | 157 ft |
| 3254 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | AZURE HOLDINGS LLC | LOW INCOME RENTAL | $1,180,000 | 170 ft |
| 3321 15TH AVE S MINNEAPOLIS MN 55407 | M PC FLOOD & G PICK | RESIDENTIAL | $285,500 | 173 ft |
Most Recent Sale
Current Tax Year