Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 |
|---|---|---|---|---|
| 1115 31ST ST E MINNEAPOLIS MN 55407 | J G JARA & J A JARA | APARTMENT | $452,000 | 61 ft |
| 3108 12TH AVE S MINNEAPOLIS MN 55407 | R DEVET & C DEVET | APARTMENT | $404,000 | 69 ft |
| 3048 12TH AVE S MINNEAPOLIS MN 55407 | M E ERICKSON ET AL | APARTMENT | $467,000 | 132 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | CAITLIN FITZGERALD | CONDOMINIUM | $124,000 | 150 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | J HAMER-LIGHT & J RESSLER | CONDOMINIUM | $124,000 | 150 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | ROSARIO FAJARDO | CONDOMINIUM | $92,000 | 150 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | JOHN W PENTERMAN | CONDOMINIUM | $92,000 | 150 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | SPENCER D LEWIS | CONDOMINIUM | $116,000 | 150 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | KENT BURNS | CONDOMINIUM | $118,000 | 150 ft |
| 3116 12TH AVE S MINNEAPOLIS MN 55407 | JORDYN LILLIAN THOMPSON | CONDOMINIUM | $125,000 | 150 ft |