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 83
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 |
|---|---|---|---|---|
| 3010 4TH AVE S MINNEAPOLIS MN 55408 | MUTUAL EQUITY HOLDINGS INC | COMMERCIAL-PREFERRED | $1,100,000 | 100 ft |
| 331 LAKE ST E MINNEAPOLIS MN 55408 | SOTO PROPERTIES LLC | COMMERCIAL-PREFERRED | $270,000 | 111 ft |
| 3009 CLINTON AVE MINNEAPOLIS MN 55408 | SOTO PROPERTIES LLC | LAND-COMMERCIAL | $117,500 | 132 ft |
| 330 LAKE ST E MINNEAPOLIS MN 55408 | DON PEDRO LLC | COMMERCIAL-PREFERRED | $375,000 | 149 ft |
| 325 LAKE ST E MINNEAPOLIS MN 55408 | SOTO PROPERTIES LLC | COMMERCIAL-PREFERRED | $673,000 | 154 ft |
| 3013 CLINTON AVE MINNEAPOLIS MN 55408 | SOTO PROPERTIES LLC | LAND-COMMERCIAL | $101,100 | 163 ft |
| 3017 CLINTON AVE MINNEAPOLIS MN 55408 | TOLOMEO L ONG | APARTMENT | $376,000 | 197 ft |
| 403 LAKE ST E MINNEAPOLIS MN 55408 | GRASS ROOTS LLC | LAND-COMMERCIAL | $128,900 | 198 ft |
| 334 LAKE ST E MINNEAPOLIS MN 55408 | ZAGAL PROPERTIES LLC | COMMERCIAL-PREFERRED | $686,000 | 206 ft |
| 334 LAKE ST E MINNEAPOLIS MN 55408 | ZAGAL PROPERTIES LLC | COMMERCIAL-PREFERRED | $300,900 | 206 ft |