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.
1 permit on record since 2018 · $11K total declared value · Most recent: Oct 2018 (misc)
Perry and Horton Construction INC
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,129 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3204 4TH AVE S MINNEAPOLIS MN 55408 | PROMOINVESTMENTS COMPANY | RESIDENTIAL | $224,000 | 45 ft |
| 3212 4TH AVE S MINNEAPOLIS MN 55408 | ISMAIL MOHAMED/FADUMO HASHI | RESIDENTIAL | $407,300 | 45 ft |
| 3200 4TH AVE S MINNEAPOLIS MN 55408 | HALIMA SIDOW | RESIDENTIAL | $152,100 | 90 ft |
| 3216 4TH AVE S MINNEAPOLIS MN 55408 | OSWALDO E AREVALO-FARFAN | APARTMENT | $396,000 | 90 ft |
| 3220 4TH AVE S MINNEAPOLIS MN 55408 | C MOSER & W HAWKINSON | RESIDENTIAL-TWO UNIT | $356,400 | 136 ft |
| 3209 CLINTON AVE MINNEAPOLIS MN 55408 | M FINNEGAN & K FINNEGAN | RESIDENTIAL | $280,500 | 140 ft |
| 3215 CLINTON AVE MINNEAPOLIS MN 55408 | LALA PROPERTIES LLC | RESIDENTIAL | $287,600 | 147 ft |
| 3205 CLINTON AVE MINNEAPOLIS MN 55408 | MANZOOR A MOGHUL | RESIDENTIAL | $208,800 | 148 ft |
| 3217 CLINTON AVE MINNEAPOLIS MN 55408 | CECELIA E HOLLINS | RESIDENTIAL | $324,700 | 167 ft |
| 3201 CLINTON AVE MINNEAPOLIS MN 55408 | YU LI | APARTMENT | $495,000 | 167 ft |
Most Recent Sale
Current Tax Year