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 2019 · $356K total declared value · Most recent: Dec 2019 (res)
Great Quality Plumbing Inc
MESPO HEATING AND COOLING INC
Great Quality Plumbing Inc
SVM LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 83
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 2,630 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3028 CLINTON AVE MINNEAPOLIS MN 55408 | W B EVANS/T M EVANS/H EVANS | RESIDENTIAL | $319,000 | 40 ft |
| 3036 CLINTON AVE MINNEAPOLIS MN 55408 | A AND M LLC | RESIDENTIAL | $230,000 | 40 ft |
| 3024 CLINTON AVE MINNEAPOLIS MN 55408 | CRISTINA MIRANDO SOTO | RESIDENTIAL-TWO UNIT | $281,300 | 80 ft |
| 3040 CLINTON AVE MINNEAPOLIS MN 55408 | A J PAREDES & F G ROMERO | RESIDENTIAL-TWO UNIT | $283,400 | 81 ft |
| 3044 CLINTON AVE MINNEAPOLIS MN 55408 | L A PLAZA ZAMBRANO ET AL | RESIDENTIAL | $166,000 | 121 ft |
| 3020 CLINTON AVE MINNEAPOLIS MN 55408 | ELSA MARIA DUTAN | APARTMENT | $472,000 | 122 ft |
| 3033 3RD AVE S MINNEAPOLIS MN 55408 | MICHAEL PATRICK BILLARD | RESIDENTIAL-TWO UNIT | $351,100 | 139 ft |
| 3037 3RD AVE S MINNEAPOLIS MN 55408 | ATM PROPERTIES LLC | RESIDENTIAL-ZERO LOT LINE | $241,600 | 144 ft |
| 3029 3RD AVE S MINNEAPOLIS MN 55408 | M R M ENCALADA & F D NIETO | RESIDENTIAL | $254,000 | 145 ft |
| 3048 CLINTON AVE MINNEAPOLIS MN 55408 | ARGENTINA DE LEON-LARA | RESIDENTIAL-TWO UNIT | $249,300 | 159 ft |
Most Recent Sale
Current Tax Year