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.
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 2,711 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3304 1ST AVE S MINNEAPOLIS MN 55408 | DAVID H SIDHOM | RESIDENTIAL | $252,000 | 47 ft |
| 3308 1ST AVE S MINNEAPOLIS MN 55408 | ERIC A SMITH & SARAH SMITH | RESIDENTIAL | $425,000 | 93 ft |
| 3248 1ST AVE S MINNEAPOLIS MN 55408 | T TRAN & H P M TRAN | RESIDENTIAL-TWO UNIT | $438,400 | 105 ft |
| 3312 1ST AVE S MINNEAPOLIS MN 55408 | JANKEN PROPERTY SERVICES LLC | RESIDENTIAL-TWO UNIT | $374,700 | 139 ft |
| 3301 NICOLLET AVE MINNEAPOLIS MN 55408 | 3301 NICOLLET LTD PTNSHIP | LOW INCOME RENTAL | $9,620,000 | 139 ft |
| 3244 1ST AVE S MINNEAPOLIS MN 55408 | J MICHAEL MC CONNELL | RESIDENTIAL-TWO UNIT | $428,700 | 152 ft |
| 3309 NICOLLET AVE MINNEAPOLIS MN 55408 | PAREDES L ELOY ARCESIO | APARTMENT | $501,000 | 166 ft |
| 3249 NICOLLET AVE MINNEAPOLIS MN 55408 | MJM PROPERTIES MN LLC | TRIPLEX | $590,000 | 172 ft |
| 3316 1ST AVE S MINNEAPOLIS MN 55408 | CASH FOR SHACKS LLC | RESIDENTIAL-TWO UNIT | $348,700 | 184 ft |
| 3301 1ST AVE S MINNEAPOLIS MN 55408 | JOSEPH WALZ | APARTMENT | $494,000 | 188 ft |
Most Recent Sale
Current Tax Year