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.
Most Recent Sale
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 |
|---|---|---|---|---|
| 3315 NICOLLET AVE MINNEAPOLIS MN 55408 | PINE TREE LLC | APARTMENT | $561,000 | 45 ft |
| 3325 NICOLLET AVE MINNEAPOLIS MN 55408 | KANATA PROPERTIES LLP | APARTMENT | $1,718,000 | 67 ft |
| 3309 NICOLLET AVE MINNEAPOLIS MN 55408 | PAREDES L ELOY ARCESIO | APARTMENT | $501,000 | 90 ft |
| 3316 1ST AVE S MINNEAPOLIS MN 55408 | CASH FOR SHACKS LLC | RESIDENTIAL-TWO UNIT | $348,700 | 136 ft |
| 3320 1ST AVE S MINNEAPOLIS MN 55408 | PAMELA J PARKER | RESIDENTIAL | $394,000 | 143 ft |
| 3312 1ST AVE S MINNEAPOLIS MN 55408 | JANKEN PROPERTY SERVICES LLC | RESIDENTIAL-TWO UNIT | $374,700 | 144 ft |
| 3329 NICOLLET AVE MINNEAPOLIS MN 55408 | 3329 NICOLLET LLC | APARTMENT | $2,160,000 | 158 ft |
| 3301 NICOLLET AVE MINNEAPOLIS MN 55408 | 3301 NICOLLET LTD PTNSHIP | LOW INCOME RENTAL | $9,620,000 | 159 ft |
| 3324 1ST AVE S MINNEAPOLIS MN 55408 | G D & A M WILNER | RESIDENTIAL | $273,000 | 163 ft |
| 3308 1ST AVE S MINNEAPOLIS MN 55408 | ERIC A SMITH & SARAH SMITH | RESIDENTIAL | $425,000 | 164 ft |