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.
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 3,163 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3208 3RD AVE S MINNEAPOLIS MN 55408 | KATHLEEN E SCHADEN ET AL | RESIDENTIAL-TWO UNIT | $225,500 | 46 ft |
| 3216 3RD AVE S MINNEAPOLIS MN 55408 | ABDIFITAH HASSAN | RESIDENTIAL | $496,000 | 46 ft |
| 3204 3RD AVE S MINNEAPOLIS MN 55408 | 3RD & LONG LLC | RESIDENTIAL | $240,600 | 90 ft |
| 3220 3RD AVE S MINNEAPOLIS MN 55408 | ABYSSINIA LLC | APARTMENT | $320,000 | 92 ft |
| 215 32ND ST E MINNEAPOLIS MN 55408 | SALVADOR NAULA GUAMAN | RESIDENTIAL | $153,400 | 128 ft |
| 3200 3RD AVE S MINNEAPOLIS MN 55408 | ISAIAS SALAZAR ARENAS | RESIDENTIAL | $240,000 | 134 ft |
| 3224 3RD AVE S MINNEAPOLIS MN 55408 | SONG SEAK | LOW INCOME RENTAL | $438,500 | 138 ft |
| 3213 2ND AVE S MINNEAPOLIS MN 55408 | JOSE Y HERNANDEZ MARTINEZ | RESIDENTIAL | $243,000 | 140 ft |
| 3219 2ND AVE S MINNEAPOLIS MN 55408 | BRENDA GONZALEZ HERNANDEZ | RESIDENTIAL | $336,300 | 147 ft |
| 3209 2ND AVE S MINNEAPOLIS MN 55408 | MCGINTCO LLC | RESIDENTIAL-TWO UNIT | $304,800 | 151 ft |
Most Recent Sale
Current Tax Year