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.
8 permits on record since 2023 · $50K total declared value · Most recent: Mar 2026 (existres)
MJW HVAC Inc
MJW HVAC Inc
Pipe and Water Plumbing LLC
Latitude 45 Design and Renovation Inc
David HALVERSON
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · 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 1,489 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3344 3RD AVE S MINNEAPOLIS MN 55408 | F N FINTIMILLA/M M ENCALADA | RESIDENTIAL | $310,000 | 50 ft |
| 212 34TH ST E MINNEAPOLIS MN 55408 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $229,200 | 64 ft |
| 3340 3RD AVE S MINNEAPOLIS MN 55408 | JOSE LLAPA CAMPOVERDE | RESIDENTIAL | $254,300 | 93 ft |
| 3400 3RD AVE S MINNEAPOLIS MN 55408 | A M AEDU & E N DERESSA | RESIDENTIAL | $381,000 | 125 ft |
| 3336 3RD AVE S MINNEAPOLIS MN 55408 | ART INVESTMENT GROUP LLC | TRIPLEX | $705,400 | 137 ft |
| 3347 2ND AVE S MINNEAPOLIS MN 55408 | PATRICK A FOOR & MARIA FOOR | RESIDENTIAL | $312,300 | 161 ft |
| 3404 3RD AVE S MINNEAPOLIS MN 55408 | K SANDSTROM & P CHRISTIANS | RESIDENTIAL | $338,000 | 167 ft |
| 3345 2ND AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 167 ft |
| 3349 3RD AVE S MINNEAPOLIS MN 55408 | COLE A HINIKER | RESIDENTIAL | $287,000 | 173 ft |
| 3347 3RD AVE S MINNEAPOLIS MN 55408 | DUQUEIRO J CANO | RESIDENTIAL | $251,900 | 179 ft |
Most Recent Sale
Current Tax Year