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 |
|---|---|---|---|---|
| 3438 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | NATHAN JOEL STANLEY | RESIDENTIAL | $125,800 | 69 ft |
| 3424 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | 3424 BLOOMINGTON LLC | LOW INCOME RENTAL | $786,000 | 88 ft |
| 3440 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MAY DAY CAFE WORKERS COOP RE | COMMERCIAL-PREFERRED | $289,000 | 94 ft |
| 3435 15TH AVE S MINNEAPOLIS MN 55407 | NATHANIEL J PHILLIPS | LOW INCOME RENTAL | $554,000 | 136 ft |
| 3431 15TH AVE S MINNEAPOLIS MN 55407 | ALISON RENEE HOYER | RESIDENTIAL | $171,400 | 140 ft |
| 3437 15TH AVE S MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 142 ft |
| 3420 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FMJ MALL LLC | APARTMENT | $777,000 | 144 ft |
| 3446 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | HUSSEIN HASSAN | COMMERCIAL-PREFERRED | $381,000 | 144 ft |
| 3429 15TH AVE S MINNEAPOLIS MN 55407 | AMANDA ANN KNOKE LIVING TR | CONDOMINIUM | $179,500 | 153 ft |
| 3429 15TH AVE S MINNEAPOLIS MN 55407 | CAITLIN O'FALLON | CONDOMINIUM | $179,500 | 153 ft |