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.
No permits found in Minneapolis open data for this parcel.
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.
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 |
|---|---|---|---|---|
| 3239 NICOLLET AVE MINNEAPOLIS MN 55408 | K GREENWOOD & C GREENWOOD | RESIDENTIAL | $314,400 | 46 ft |
| 3229 NICOLLET AVE MINNEAPOLIS MN 55408 | MARIA ISOLINA LEMA | RESIDENTIAL-TWO UNIT | $269,300 | 46 ft |
| 3241 NICOLLET AVE MINNEAPOLIS MN 55408 | 3241 NICOLLET | RESIDENTIAL-TWO UNIT | $334,000 | 92 ft |
| 3223 NICOLLET AVE MINNEAPOLIS MN 55408 | NICOLLET INVESTMENTS LLC | RESIDENTIAL | $366,000 | 115 ft |
| 3232 1ST AVE S MINNEAPOLIS MN 55408 | K M GREENWOOD/C J GREENWOOD | RESIDENTIAL-TWO UNIT | $375,000 | 136 ft |
| 3245 NICOLLET AVE MINNEAPOLIS MN 55408 | K GREENWOOD & C GREENWOOD | RESIDENTIAL-TWO UNIT | $317,700 | 138 ft |
| 3228 1ST AVE S MINNEAPOLIS MN 55408 | MATTHEW L RHIEL | RESIDENTIAL-TWO UNIT | $440,800 | 144 ft |
| 3236 1ST AVE S MINNEAPOLIS MN 55408 | KELLY M GREENWOOD | RESIDENTIAL-TWO UNIT | $386,300 | 144 ft |
| 3242 1ST AVE S MINNEAPOLIS MN 55408 | BOOTSMA LAND COMPANY LLC | RESIDENTIAL-TWO UNIT | $352,400 | 165 ft |
| 3224 1ST AVE S MINNEAPOLIS MN 55408 | KANE LOUKAS | APARTMENT | $540,000 | 165 ft |