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
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 2,969 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3308 1ST AVE S MINNEAPOLIS MN 55408 | ERIC A SMITH & SARAH SMITH | RESIDENTIAL | $425,000 | 45 ft |
| 3316 1ST AVE S MINNEAPOLIS MN 55408 | CASH FOR SHACKS LLC | RESIDENTIAL-TWO UNIT | $348,700 | 45 ft |
| 3320 1ST AVE S MINNEAPOLIS MN 55408 | PAMELA J PARKER | RESIDENTIAL | $394,000 | 90 ft |
| 3304 1ST AVE S MINNEAPOLIS MN 55408 | DAVID H SIDHOM | RESIDENTIAL | $252,000 | 92 ft |
| 3324 1ST AVE S MINNEAPOLIS MN 55408 | G D & A M WILNER | RESIDENTIAL | $273,000 | 135 ft |
| 3315 NICOLLET AVE MINNEAPOLIS MN 55408 | PINE TREE LLC | APARTMENT | $561,000 | 137 ft |
| 3300 1ST AVE S MINNEAPOLIS MN 55408 | NEIRBO HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $293,900 | 139 ft |
| 3317 NICOLLET AVE MINNEAPOLIS MN 55408 | S R SKRIEN & C B SKRIEN | APARTMENT | $464,000 | 144 ft |
| 3309 NICOLLET AVE MINNEAPOLIS MN 55408 | PAREDES L ELOY ARCESIO | APARTMENT | $501,000 | 144 ft |
| 3325 NICOLLET AVE MINNEAPOLIS MN 55408 | KANATA PROPERTIES LLP | APARTMENT | $1,718,000 | 177 ft |
Most Recent Sale
Current Tax Year