ParcelLens
Property Intelligence · Twin Cities
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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.
6 permits on record since 2017 · $0.01 total declared value · Most recent: Mar 2025 (commercial minor)
Lopez Son's Plumbing LLC
AMERICAN AIR SUPPLY INC
Lopez Son's Plumbing LLC
AMERICAN AIR SUPPLY INC
GABINO MONTOYA
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
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 |
|---|---|---|---|---|
| 207 LAKE ST E MINNEAPOLIS MN 55408 | SABRI COMMONS NORTH LLC | COMMERCIAL-PREFERRED | $2,120,000 | 64 ft |
| 215 LAKE ST E MINNEAPOLIS MN 55408 | ULAM COMMERCIAL PROPRTES LLC | COMMERCIAL-PREFERRED | $755,000 | 173 ft |
| 3025 2ND AVE S MINNEAPOLIS MN 55408 | UMATUL ISLAM CENTER INC | COMMERCIAL-PREFERRED | $211,300 | 208 ft |
| 3018 3RD AVE S MINNEAPOLIS MN 55408 | PRIME GROUP PROPERTIES LLC | LAND-COMMERCIAL | $105,300 | 220 ft |
| 210 LAKE ST E MINNEAPOLIS MN 55408 | FRANCHISE RLTY INTERSTATE | COMMERCIAL-PREFERRED | $1,450,000 | 234 ft |
| 3020 3RD AVE S MINNEAPOLIS MN 55408 | CHERYLEE A SHERRY | APARTMENT | $345,000 | 251 ft |
| 3024 3RD AVE S MINNEAPOLIS MN 55408 | VICTOR M A PASTRANA ET AL | LOW INCOME RENTAL | $279,000 | 286 ft |
| 2937 2ND AVE S MINNEAPOLIS MN 55408 | ROSALYN J PACHECO | RESIDENTIAL | $250,500 | 311 ft |
| 3028 3RD AVE S MINNEAPOLIS MN 55408 | LIBIO QUINTUNA LLAPA | RESIDENTIAL-TWO UNIT | $267,700 | 324 ft |
| 2933 2ND AVE S MINNEAPOLIS MN 55408 | DANIEL J LUTSEY ET AL | RESIDENTIAL | $149,000 | 353 ft |