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 ↗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.
1 permit on record since 2001 · $296K total declared value · Most recent: Jan 2001 (binb)
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
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 2,620 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3241 ELLIOT AVE MINNEAPOLIS MN 55407 | MARIANA D JARA PAREDES | RESIDENTIAL | $386,200 | 40 ft |
| 3231 ELLIOT AVE MINNEAPOLIS MN 55407 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $323,200 | 40 ft |
| 3245 ELLIOT AVE MINNEAPOLIS MN 55407 | BRIAN R NUTTER/JADA L NUTTER | RESIDENTIAL | $424,000 | 80 ft |
| 3229 ELLIOT AVE MINNEAPOLIS MN 55407 | DARIUS GRAY | RESIDENTIAL-TWO UNIT | $288,800 | 80 ft |
| 3249 ELLIOT AVE MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $244,100 | 118 ft |
| 3225 ELLIOT AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 120 ft |
| 910 33RD ST E MINNEAPOLIS MN 55407 | JOYCELYN E SWANSON | RESIDENTIAL | $69,000 | 127 ft |
| 3236 10TH AVE S MINNEAPOLIS MN 55407 | MICHELLE M WIESE/KIM PICKENS | RESIDENTIAL | $431,000 | 139 ft |
| 3232 10TH AVE S MINNEAPOLIS MN 55407 | MARY ADAM | RESIDENTIAL | $305,800 | 144 ft |
| 3240 10TH AVE S MINNEAPOLIS MN 55407 | P T GROSS & J L MCGEE | RESIDENTIAL | $320,100 | 145 ft |
Most Recent Sale
Current Tax Year