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 ↗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 2019 · Most recent: Oct 2019 (existres)
TOTAL COMFORT
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 3,169 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3227 2ND AVE S MINNEAPOLIS MN 55408 | TYRIZE C COX | RESIDENTIAL-ZERO LOT LINE | $354,900 | 34 ft |
| 3233 2ND AVE S MINNEAPOLIS MN 55408 | ANDREW WOOLCOTT | RESIDENTIAL | $435,000 | 46 ft |
| 3225 2ND AVE S MINNEAPOLIS MN 55408 | COREY L COX | RESIDENTIAL-ZERO LOT LINE | $354,800 | 57 ft |
| 3237 2ND AVE S MINNEAPOLIS MN 55408 | SAIDA HASSAN | RESIDENTIAL | $359,000 | 92 ft |
| 3221 2ND AVE S MINNEAPOLIS MN 55408 | MICHAEL REILLY | RESIDENTIAL | $309,000 | 92 ft |
| 3219 2ND AVE S MINNEAPOLIS MN 55408 | BRENDA GONZALEZ HERNANDEZ | RESIDENTIAL | $336,300 | 138 ft |
| 3228 3RD AVE S MINNEAPOLIS MN 55408 | NEIRBO HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $347,200 | 140 ft |
| 3224 3RD AVE S MINNEAPOLIS MN 55408 | SONG SEAK | LOW INCOME RENTAL | $438,500 | 147 ft |
| 3232 3RD AVE S MINNEAPOLIS MN 55408 | RYAN HARRISON LEE | RESIDENTIAL-TWO UNIT | $345,300 | 147 ft |
| 3241 2ND AVE S MINNEAPOLIS MN 55408 | K DURAI & R KAMALASEGARAN | RESIDENTIAL | $297,000 | 150 ft |
Most Recent Sale
Current Tax Year