ParcelLens
Property Intelligence · Twin Cities
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In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
8 permits on record since 2018 · $25K total declared value · Most recent: Sep 2023 (commercial minor)
Muska Plumbing LLC
SERVICE STAR PLUMBING LLC
Joel Poualeu
SERVICE STAR PLUMBING LLC
Climate Tech 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 2,047 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3049 3RD AVE S MINNEAPOLIS MN 55408 | CODY LARSON & EMILY LARSON | RESIDENTIAL | $263,400 | 66 ft |
| 3045 3RD AVE S MINNEAPOLIS MN 55408 | SA PROPERTIES LLC | RESIDENTIAL | $159,900 | 66 ft |
| 3041 3RD AVE S MINNEAPOLIS MN 55408 | ATM PROPERTIES LLC | RESIDENTIAL-ZERO LOT LINE | $241,600 | 67 ft |
| 3037 3RD AVE S MINNEAPOLIS MN 55408 | ATM PROPERTIES LLC | RESIDENTIAL-ZERO LOT LINE | $241,600 | 104 ft |
| 3044 CLINTON AVE MINNEAPOLIS MN 55408 | L A PLAZA ZAMBRANO ET AL | RESIDENTIAL | $166,000 | 109 ft |
| 3048 CLINTON AVE MINNEAPOLIS MN 55408 | ARGENTINA DE LEON-LARA | RESIDENTIAL-TWO UNIT | $249,300 | 109 ft |
| 3040 CLINTON AVE MINNEAPOLIS MN 55408 | A J PAREDES & F G ROMERO | RESIDENTIAL-TWO UNIT | $283,400 | 122 ft |
| 311 31ST ST E MINNEAPOLIS MN 55408 | ANN M ROSE & MICHAEL R ROSE | RESIDENTIAL | $190,000 | 126 ft |
| 307 31ST ST E MINNEAPOLIS MN 55408 | GONZALO GUAMAN SIBRI | RESIDENTIAL | $229,400 | 135 ft |
| 3033 3RD AVE S MINNEAPOLIS MN 55408 | MICHAEL PATRICK BILLARD | RESIDENTIAL-TWO UNIT | $351,100 | 143 ft |
Most Recent Sale
Current Tax Year