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.
No permits found in Minneapolis open data for this parcel.
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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,111 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3121 GARFIELD AVE MINNEAPOLIS MN 55408 | PHILLIP L MOLL | RESIDENTIAL | $471,000 | 45 ft |
| 3113 GARFIELD AVE MINNEAPOLIS MN 55408 | E D WILLER & M C GILL | RESIDENTIAL | $344,100 | 45 ft |
| 3125 GARFIELD AVE MINNEAPOLIS MN 55408 | CAITLIN BERRY | RESIDENTIAL-TWO UNIT | $415,900 | 90 ft |
| 3109 GARFIELD AVE MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 90 ft |
| 3129 GARFIELD AVE MINNEAPOLIS MN 55408 | TRISHA PAAR | APARTMENT | $669,000 | 135 ft |
| 3116 HARRIET AVE MINNEAPOLIS MN 55408 | ALEX MARTIN BRANDENFELS | RESIDENTIAL-TWO UNIT | $426,200 | 140 ft |
| 3105 GARFIELD AVE MINNEAPOLIS MN 55408 | JOSEPH CHVALA | RESIDENTIAL | $470,300 | 144 ft |
| 3120 HARRIET AVE MINNEAPOLIS MN 55408 | TREVOR ARNOLD/MEGAN CALDBECK | RESIDENTIAL | $395,200 | 147 ft |
| 3112 HARRIET AVE MINNEAPOLIS MN 55408 | URBAN DEVELOPER SERVICES LLC | RESIDENTIAL | $432,700 | 148 ft |
| 3124 HARRIET AVE MINNEAPOLIS MN 55408 | BRYCE CALDWELL/ALYSSA MEYER | RESIDENTIAL-TWO UNIT | $589,600 | 166 ft |
Current Tax Year