3112 GRAND AVE S MINNEAPOLIS MN 55408

PID: 0302824220155

Property Overview

Parcel ID0302824220155

Lot Size5,805 sq ft (0.133 ac)

Lot Dimensions (est.)129 ft wide × 45 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerVIETNAMESE ALLIANCE CHURCH

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$1,414

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

LIHTC 30% Basis BoostMedium

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.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Lyndale · Minneapolis

Median reported rent1,022/mo

Renter-occupied73.1%

Median home value$318K

Vacancy rate5.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 82

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth89 ft

Area~3,113 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3118 GRAND AVE S MINNEAPOLIS MN 55408	ABRAHAM S REDDY	RESIDENTIAL-TWO UNIT	$361,100	45 ft
3120 GRAND AVE S MINNEAPOLIS MN 55408	NADHIA FUENTES/NATHAN VOLKER	RESIDENTIAL	$374,800	90 ft
3100 GRAND AVE S MINNEAPOLIS MN 55408	VIETNAMESE ALLIANCE CHURCH	COMMERCIAL-PREFERRED	$0	94 ft
3124 GRAND AVE S MINNEAPOLIS MN 55408	BEVERLY A GUDBRANDSON	RESIDENTIAL-TWO UNIT	$358,200	135 ft
3115 HARRIET AVE MINNEAPOLIS MN 55408	DAVID M LINDSTROM ET AL	RESIDENTIAL	$543,400	141 ft
3113 HARRIET AVE MINNEAPOLIS MN 55408	CHERYL LAMETTI	RESIDENTIAL-TWO UNIT	$328,300	141 ft
3111 HARRIET AVE MINNEAPOLIS MN 55408	ART INVESTMENT GROUP LLC	RESIDENTIAL	$253,000	147 ft
3117 HARRIET AVE MINNEAPOLIS MN 55408	BRENT M KNODLE	RESIDENTIAL-TWO UNIT	$465,300	152 ft
415 31ST ST W MINNEAPOLIS MN 55408	VIETNAMESE ALLIANCE CHURCH	LAND-COMMERCIAL	$0	163 ft
3121 HARRIET AVE MINNEAPOLIS MN 55408	MPLS UPTOWN RENTALS 3121 LLC	RESIDENTIAL	$373,000	170 ft

Property History

Current Tax Year

Year2026

Tax Due$1,414