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.
2 permits on record since 2021 · $86K total declared value · Most recent: Jul 2024 (roofwind)
T AND K CONSTRUCTION SERVICES
Metro Heating & Cooling LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Powderhorn Park · 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 8,493 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3117 10TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 74 ft |
| 3113 10TH AVE S MINNEAPOLIS MN 55407 | SANDRA STEWART | RESIDENTIAL | $288,600 | 111 ft |
| 3124 11TH AVE S MINNEAPOLIS MN 55407 | S F LONGSTAFF/T M LONGSTAFF | RESIDENTIAL | $302,000 | 138 ft |
| 3120 11TH AVE S MINNEAPOLIS MN 55407 | STEPHEN J MISTEREK ET AL | RESIDENTIAL | $224,800 | 143 ft |
| 3116 11TH AVE S MINNEAPOLIS MN 55407 | DEMETRIUS MARSHALL | RESIDENTIAL | $252,100 | 157 ft |
| 3111 10TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TR | — | $264,800 | 157 ft |
| 3112 11TH AVE S MINNEAPOLIS MN 55407 | ELSA MARSHALL | RESIDENTIAL | $192,100 | 177 ft |
| 3124 10TH AVE S MINNEAPOLIS MN 55407 | LEE P CLAUSEN & E M LOFGREN | RESIDENTIAL | $423,400 | 192 ft |
| 3128 10TH AVE S MINNEAPOLIS MN 55407 | M A PETERSON & K S PETERSON | RESIDENTIAL-TWO UNIT | $427,900 | 192 ft |
| 3130 10TH AVE S MINNEAPOLIS MN 55407 | M A PETERSON & K S PETERSON | RESIDENTIAL-TWO UNIT | $384,700 | 200 ft |
Most Recent Sale
Current Tax Year