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 ↗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.
3 permits on record since 2020 · $22K total declared value · Most recent: Jun 2023 (misc)
Precision Exteriors Restoration LLC
DEN-MARK PLUMBING INC
Alex Arias
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 3,134 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3245 CLINTON AVE MINNEAPOLIS MN 55408 | ARIANDA TORRES GUTIERREZ | RESIDENTIAL-TWO UNIT | $273,000 | 45 ft |
| 3237 CLINTON AVE MINNEAPOLIS MN 55408 | JOYCELYN MOORE | RESIDENTIAL | $325,900 | 45 ft |
| 3251 CLINTON AVE MINNEAPOLIS MN 55408 | ADS LLC | RESIDENTIAL-TWO UNIT | $275,800 | 90 ft |
| 3233 CLINTON AVE MINNEAPOLIS MN 55408 | L P TIERNEY & K A TOWNER | RESIDENTIAL | $199,500 | 90 ft |
| 3229 CLINTON AVE MINNEAPOLIS MN 55408 | LUIS BERMEJO-GUAMAN | RESIDENTIAL | $310,200 | 136 ft |
| 3242 4TH AVE S MINNEAPOLIS MN 55408 | BUILDUP ASSETS 61ST AV LLC | RESIDENTIAL | $202,000 | 140 ft |
| 3236 4TH AVE S MINNEAPOLIS MN 55408 | P L LOOKING ELK SUBJ/LE | RESIDENTIAL | $207,000 | 148 ft |
| 3244 4TH AVE S MINNEAPOLIS MN 55408 | JAMES W WEATHERLY | RESIDENTIAL | $209,000 | 148 ft |
| 3232 4TH AVE S MINNEAPOLIS MN 55408 | CHARLIE O MIDGETT ETAL | RESIDENTIAL | $197,000 | 167 ft |
| 3248 4TH AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 167 ft |
Most Recent Sale
Current Tax Year