ParcelLens
Property Intelligence · Twin Cities
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In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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
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 2,971 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3316 1ST AVE S MINNEAPOLIS MN 55408 | CASH FOR SHACKS LLC | RESIDENTIAL-TWO UNIT | $348,700 | 45 ft |
| 3324 1ST AVE S MINNEAPOLIS MN 55408 | G D & A M WILNER | RESIDENTIAL | $273,000 | 45 ft |
| 3312 1ST AVE S MINNEAPOLIS MN 55408 | JANKEN PROPERTY SERVICES LLC | RESIDENTIAL-TWO UNIT | $374,700 | 90 ft |
| 3328 1ST AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 90 ft |
| 3308 1ST AVE S MINNEAPOLIS MN 55408 | ERIC A SMITH & SARAH SMITH | RESIDENTIAL | $425,000 | 135 ft |
| 3332 1ST AVE S MINNEAPOLIS MN 55408 | JESSE D BERNDT | RESIDENTIAL | $250,000 | 135 ft |
| 3325 NICOLLET AVE MINNEAPOLIS MN 55408 | KANATA PROPERTIES LLP | APARTMENT | $1,718,000 | 138 ft |
| 3317 NICOLLET AVE MINNEAPOLIS MN 55408 | S R SKRIEN & C B SKRIEN | APARTMENT | $464,000 | 143 ft |
| 3315 NICOLLET AVE MINNEAPOLIS MN 55408 | PINE TREE LLC | APARTMENT | $561,000 | 163 ft |
| 3321 1ST AVE S MINNEAPOLIS MN 55408 | DANIEL CARLSON | RESIDENTIAL | $278,000 | 174 ft |
Most Recent Sale
Current Tax Year