ParcelLens
Property Intelligence · Twin Cities
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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.
5 permits on record since 2020 · $10K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
Erickson Plumbing Heating Cooling Inc
MN Plumbing & Home Services INC
ROOFS-R-US
Blue Ox Heating and Air LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 3,093 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3320 3RD AVE S MINNEAPOLIS MN 55408 | EMILY MCBRIDE/AARON BICKNER | RESIDENTIAL | $220,800 | 45 ft |
| 3328 3RD AVE S MINNEAPOLIS MN 55408 | JSW PROPERTIES LLC | RESIDENTIAL | $168,000 | 45 ft |
| 3316 3RD AVE S MINNEAPOLIS MN 55408 | 3316 3RD AVE S LLC | RESIDENTIAL-TWO UNIT | $357,200 | 90 ft |
| 3332 3RD AVE S MINNEAPOLIS MN 55408 | FARDOWZA OMAR | RESIDENTIAL | $305,000 | 90 ft |
| 3312 3RD AVE S MINNEAPOLIS MN 55408 | ERIC ANDERSEN | RESIDENTIAL | $319,000 | 135 ft |
| 3336 3RD AVE S MINNEAPOLIS MN 55408 | ART INVESTMENT GROUP LLC | TRIPLEX | $705,400 | 135 ft |
| 3325 2ND AVE S MINNEAPOLIS MN 55408 | RAMIA A ALI | RESIDENTIAL | $286,000 | 140 ft |
| 3329 2ND AVE S MINNEAPOLIS MN 55408 | MINNLAND LTD LIABILITY CO | APARTMENT | $521,000 | 147 ft |
| 3321 2ND AVE S MINNEAPOLIS MN 55408 | XAVIER'S LLC | APARTMENT | $368,000 | 147 ft |
| 3333 2ND AVE S MINNEAPOLIS MN 55408 | ERIC L STRACK | RESIDENTIAL | $434,600 | 166 ft |
Most Recent Sale
Current Tax Year