Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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.
1 permit on record since 2024 · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
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 3,154 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3128 3RD AVE S MINNEAPOLIS MN 55408 | OTIS O'DONNELL | RESIDENTIAL-TWO UNIT | $323,900 | 46 ft |
| 3136 3RD AVE S MINNEAPOLIS MN 55408 | N SCHLADT & C SALONEK | RESIDENTIAL | $426,000 | 46 ft |
| 3124 3RD AVE S MINNEAPOLIS MN 55408 | G P LUNDGREN & B A LUNDGREN | RESIDENTIAL | $417,000 | 92 ft |
| 3142 3RD AVE S MINNEAPOLIS MN 55408 | AUTUMN BROWN | RESIDENTIAL | $414,000 | 92 ft |
| 3120 3RD AVE S MINNEAPOLIS MN 55408 | DON BLYLY | RESIDENTIAL | $236,000 | 138 ft |
| 3148 3RD AVE S MINNEAPOLIS MN 55408 | ANDREW DAVID HJERMSTAD ET AL | RESIDENTIAL | $161,000 | 138 ft |
| 3135 2ND AVE S MINNEAPOLIS MN 55408 | ALEXIS TURNER & ERIC TURNER | RESIDENTIAL | $327,000 | 139 ft |
| 3137 2ND AVE S MINNEAPOLIS MN 55408 | C CHRISTENSEN & D ODUM | RESIDENTIAL | $320,300 | 146 ft |
| 3131 2ND AVE S MINNEAPOLIS MN 55408 | KALI K HAINES | RESIDENTIAL | $493,000 | 147 ft |
| 3139 2ND AVE S MINNEAPOLIS MN 55408 | M J YOUNG & H G YOUNG | RESIDENTIAL | $358,000 | 167 ft |
Most Recent Sale
Current Tax Year