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.
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 7,198 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3309 1ST AVE S MINNEAPOLIS MN 55408 | HUSSEIN YUSUF MOHAMED | RESIDENTIAL | $357,800 | 69 ft |
| 3315 1ST AVE S MINNEAPOLIS MN 55408 | REBECCA L KANE & RYAN BAHE | RESIDENTIAL-TWO UNIT | $447,700 | 114 ft |
| 3249 1ST AVE S MINNEAPOLIS MN 55408 | MN TEEN CHALLENGE INC | RESIDENTIAL | $0 | 130 ft |
| 3300 STEVENS AVE MINNEAPOLIS MN 55408 | MATTHEW SENJEM | RESIDENTIAL | $279,000 | 143 ft |
| 3304 STEVENS AVE MINNEAPOLIS MN 55408 | M A L QUIZHPL & R C CHIMBO | RESIDENTIAL-TWO UNIT | $361,200 | 143 ft |
| 3308 STEVENS AVE MINNEAPOLIS MN 55408 | ANTHONY BRANCA | RESIDENTIAL-TWO UNIT | $403,300 | 157 ft |
| 3317 1ST AVE S MINNEAPOLIS MN 55408 | CAPITAL PROPERTY INC | APARTMENT | $1,057,000 | 167 ft |
| 3245 1ST AVE S MINNEAPOLIS MN 55408 | MINNESOTA TEEN CHALLENGE INC | RESIDENTIAL-TWO UNIT | $0 | 175 ft |
| 3312 STEVENS AVE MINNEAPOLIS MN 55408 | JBR8 CONCEPTS LLC | RESIDENTIAL | $367,000 | 182 ft |
| 3300 1ST AVE S MINNEAPOLIS MN 55408 | NEIRBO HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $293,900 | 188 ft |
Most Recent Sale
Current Tax Year