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.
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
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 3,141 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3032 3RD AVE S MINNEAPOLIS MN 55408 | S SWANSON & C J R SANCHEZ | RESIDENTIAL-TWO UNIT | $344,900 | 46 ft |
| 3046 3RD AVE S MINNEAPOLIS MN 55408 | ALLISON ADELLE BROEREN | RESIDENTIAL | $636,000 | 70 ft |
| 212 31ST ST E MINNEAPOLIS MN 55408 | CARLOS ORITZ/M ORTIZ GUALLPA | RESIDENTIAL | $242,700 | 85 ft |
| 3028 3RD AVE S MINNEAPOLIS MN 55408 | LIBIO QUINTUNA LLAPA | RESIDENTIAL-TWO UNIT | $267,700 | 92 ft |
| 3024 3RD AVE S MINNEAPOLIS MN 55408 | VICTOR M A PASTRANA ET AL | LOW INCOME RENTAL | $279,000 | 138 ft |
| 3037 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | RESIDENTIAL | $0 | 139 ft |
| 3043 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | VACANT LAND-RESIDENTIAL | $43,000 | 146 ft |
| 3045 2ND AVE S MINNEAPOLIS MN 55408 | YUN XIE & YINYING ZHONG | RESIDENTIAL-TWO UNIT | $338,100 | 166 ft |
| 3045 3RD AVE S MINNEAPOLIS MN 55408 | SA PROPERTIES LLC | RESIDENTIAL | $159,900 | 171 ft |
| 3020 3RD AVE S MINNEAPOLIS MN 55408 | CHERYLEE A SHERRY | APARTMENT | $345,000 | 184 ft |
Most Recent Sale
Current Tax Year