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 2019 · $67K total declared value · Most recent: Nov 2024 (remodel)
LINDSTROM RESTORATION
BURNOMATIC
Uptown Cuts & Beauty Bar
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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3017 LYNDALE AVE S MINNEAPOLIS MN 55408 | 1322 NE 5TH LLC | APARTMENT | $520,000 | 46 ft |
| 3025 LYNDALE AVE S MINNEAPOLIS MN 55408 | KCLGA DAFA LLC | COMMERCIAL-PREFERRED | $1,411,000 | 69 ft |
| 3015 LYNDALE AVE S MINNEAPOLIS MN 55408 | 1322 NE 5TH LLC | COMMERCIAL-PREFERRED | $109,000 | 75 ft |
| 3013 LYNDALE AVE S MINNEAPOLIS MN 55408 | SHARIIF INVESTMENT LLC | COMMERCIAL-PREFERRED | $746,000 | 98 ft |
| 3020 GARFIELD AVE MINNEAPOLIS MN 55408 | JULIUS DEROMA | RESIDENTIAL | $337,900 | 131 ft |
| 3035 LYNDALE AVE S MINNEAPOLIS MN 55408 | NGUYEN VU FAMILY CORP INC | COMMERCIAL-PREFERRED | $725,000 | 138 ft |
| 3009 LYNDALE AVE S MINNEAPOLIS MN 55408 | MARBILL PROP LTD PRTNRSHP | LAND-COMMERCIAL | $220,000 | 138 ft |
| 3026 GARFIELD AVE MINNEAPOLIS MN 55408 | JULIUS DEROMA | LAND-COMMERCIAL | $220,000 | 139 ft |
| 3014 GARFIELD AVE MINNEAPOLIS MN 55408 | LINNIE WILLIAMS | RESIDENTIAL | $320,300 | 147 ft |
| 3028 GARFIELD AVE MINNEAPOLIS MN 55408 | ADAM GARDNER | RESIDENTIAL | $316,200 | 160 ft |