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: Mar 2019 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,961 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3244 STEVENS AVE MINNEAPOLIS MN 55408 | THOMAS R ODENDAHL | RESIDENTIAL | $241,000 | 46 ft |
| 3240 STEVENS AVE MINNEAPOLIS MN 55408 | BRUCE G CORNELIUS | RESIDENTIAL-TWO UNIT | $279,400 | 92 ft |
| 3300 STEVENS AVE MINNEAPOLIS MN 55408 | MATTHEW SENJEM | RESIDENTIAL | $279,000 | 107 ft |
| 3249 1ST AVE S MINNEAPOLIS MN 55408 | MN TEEN CHALLENGE INC | RESIDENTIAL | $0 | 141 ft |
| 3245 1ST AVE S MINNEAPOLIS MN 55408 | MINNESOTA TEEN CHALLENGE INC | RESIDENTIAL-TWO UNIT | $0 | 149 ft |
| 3304 STEVENS AVE MINNEAPOLIS MN 55408 | M A L QUIZHPL & R C CHIMBO | RESIDENTIAL-TWO UNIT | $361,200 | 154 ft |
| 3239 1ST AVE S MINNEAPOLIS MN 55408 | MINNESOTA TEEN CHALLENGE INC | COMMERCIAL-PREFERRED | $0 | 178 ft |
| 3301 1ST AVE S MINNEAPOLIS MN 55408 | JOSEPH WALZ | APARTMENT | $494,000 | 192 ft |
| 3308 STEVENS AVE MINNEAPOLIS MN 55408 | ANTHONY BRANCA | RESIDENTIAL-TWO UNIT | $403,300 | 199 ft |
| 3233 1ST AVE S MINNEAPOLIS MN 55408 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 221 ft |
Most Recent Sale
Current Tax Year