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.
1 permit on record since 2024 · $22K total declared value · Most recent: Apr 2024 (misc)
LINDUS CONSTRUCTION
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
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 sfr / adu benchmarks for 342 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 504 32ND ST W MINNEAPOLIS MN 55408 | ZACHARY BYERS | RESIDENTIAL | $399,600 | 44 ft |
| 3140 HARRIET AVE MINNEAPOLIS MN 55408 | MICHELLE RAMIER | RESIDENTIAL | $478,900 | 80 ft |
| 508 32ND ST W MINNEAPOLIS MN 55408 | P A JENNEY & D J JENNEY | RESIDENTIAL-TWO UNIT | $388,400 | 87 ft |
| 3136 HARRIET AVE MINNEAPOLIS MN 55408 | A L HOLZ & W B SLADE | RESIDENTIAL | $513,000 | 120 ft |
| 3149 HARRIET AVE MINNEAPOLIS MN 55408 | JOHN E SKOKAN | RESIDENTIAL | $426,900 | 128 ft |
| 3145 HARRIET AVE MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 148 ft |
| 514 32ND ST W MINNEAPOLIS MN 55408 | RUTH L SIMONSON | RESIDENTIAL | $341,000 | 151 ft |
| 3202 HARRIET AVE MINNEAPOLIS MN 55408 | EMMANUEL OKANLA | RESIDENTIAL-TWO UNIT | $411,700 | 152 ft |
| 3141 HARRIET AVE MINNEAPOLIS MN 55408 | ZAINAB M & KOSHIN HASSAN | RESIDENTIAL-TWO UNIT | $500,700 | 159 ft |
| 3132 HARRIET AVE MINNEAPOLIS MN 55408 | DAVID SCHUBERT & ANNA ARKIN | RESIDENTIAL | $483,300 | 163 ft |
Most Recent Sale
Current Tax Year