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.
4 permits on record since 2008 · $116K total declared value · Most recent: Sep 2019 (commercial fire/building violation)
Warners Stellian Co Inc
CENTERPOINT ENERGY
Aqualine Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 82
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3037 GARFIELD AVE MINNEAPOLIS MN 55408 | 3037 BRICKS LLC | APARTMENT | $651,000 | 46 ft |
| 3029 GARFIELD AVE MINNEAPOLIS MN 55408 | JWN3029 LLC | APARTMENT | $592,000 | 46 ft |
| 3025 GARFIELD AVE MINNEAPOLIS MN 55408 | HALLETT PROPERTIES LLC | APARTMENT | $540,000 | 92 ft |
| 512 31ST ST W MINNEAPOLIS MN 55408 | ANTHONY OTIS | RESIDENTIAL-TWO UNIT | $466,600 | 121 ft |
| 518 31ST ST W MINNEAPOLIS MN 55408 | ELISA LAU LARSON | RESIDENTIAL-TWO UNIT | $459,100 | 121 ft |
| 3023 GARFIELD AVE MINNEAPOLIS MN 55408 | JOSEPH FALKNER | RESIDENTIAL | $259,300 | 138 ft |
| 3032 HARRIET AVE MINNEAPOLIS MN 55408 | BETH L RICHARDSON | RESIDENTIAL-TWO UNIT | $548,100 | 140 ft |
| 3036 HARRIET AVE MINNEAPOLIS MN 55408 | JASON STRODL & AMY STRODL | APARTMENT | $437,000 | 147 ft |
| 3030 HARRIET AVE MINNEAPOLIS MN 55408 | MPLS UPTOWN RENTALS 3030 LLC | RESIDENTIAL | $271,200 | 148 ft |
| 3040 HARRIET AVE MINNEAPOLIS MN 55408 | SHAE HANSON & BLAKE HANSON | RESIDENTIAL-TWO UNIT | $517,300 | 167 ft |
Current Tax Year