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.
4 permits on record since 2022 · $34K total declared value · Most recent: Aug 2025 (misc)
NANCY C SOTAMBA SOTAMBA
Professional Mechanical Services LLC
WINDOW WORLD
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
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 2,624 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3221 ELLIOT AVE MINNEAPOLIS MN 55407 | K LOCONTO & T HARMON | RESIDENTIAL | $262,700 | 40 ft |
| 3215 ELLIOT AVE MINNEAPOLIS MN 55407 | KEVIN JONES | RESIDENTIAL-TWO UNIT | $285,400 | 40 ft |
| 3225 ELLIOT AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 80 ft |
| 3209 ELLIOT AVE MINNEAPOLIS MN 55407 | JOSE M PLIEGO | RESIDENTIAL-TWO UNIT | $329,400 | 80 ft |
| 3229 ELLIOT AVE MINNEAPOLIS MN 55407 | DARIUS GRAY | RESIDENTIAL-TWO UNIT | $288,800 | 120 ft |
| 3205 ELLIOT AVE MINNEAPOLIS MN 55407 | JESSICA KANE | — | $190,300 | 120 ft |
| 3216 10TH AVE S MINNEAPOLIS MN 55407 | TERESA HICHENS-OLSON ET AL | RESIDENTIAL-TWO UNIT | $294,200 | 139 ft |
| 3212 10TH AVE S MINNEAPOLIS MN 55407 | C R ELLIS & G W ELLIS | RESIDENTIAL | $379,000 | 144 ft |
| 3220 10TH AVE S MINNEAPOLIS MN 55407 | DAVID & BARBARA TILSEN FM TR | RESIDENTIAL-TWO UNIT | $341,200 | 145 ft |
| 3201 ELLIOT AVE MINNEAPOLIS MN 55407 | C J ZWICKY & L P GEORGE | RESIDENTIAL | $363,800 | 157 ft |
Most Recent Sale
Current Tax Year