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 2017 · Most recent: May 2023 (res)
Warners Stellian Co Inc
MN Plumbing & Home Services INC
MN Plumbing & Home Services INC
Boehm's 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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 4,939 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3027 GRAND AVE S MINNEAPOLIS MN 55408 | B VANDENBOOM & S VANDENBOOM | RESIDENTIAL | $140,800 | 46 ft |
| 3017 GRAND AVE S MINNEAPOLIS MN 55408 | TRAVIS KELLY/TRIYONIS KELLY | RESIDENTIAL-TWO UNIT | $390,700 | 58 ft |
| 3029 GRAND AVE S MINNEAPOLIS MN 55408 | IRENE MARIE ASHTON | RESIDENTIAL | $314,900 | 69 ft |
| 3031 GRAND AVE S MINNEAPOLIS MN 55408 | ANDREW DICK | RESIDENTIAL | $262,600 | 92 ft |
| 3013 GRAND AVE S MINNEAPOLIS MN 55408 | LO2 LLC | APARTMENT | $1,785,000 | 121 ft |
| 3018 PLEASANT AVE MINNEAPOLIS MN 55408 | CAMILO JOSE RAMOS ROMERO SR | RESIDENTIAL-TWO UNIT | $388,600 | 136 ft |
| 3024 PLEASANT AVE MINNEAPOLIS MN 55408 | J BONDS & A LARSON | APARTMENT | $570,000 | 140 ft |
| 3016 PLEASANT AVE MINNEAPOLIS MN 55408 | MUKANYA PROPERTIES LLC | APARTMENT | $501,000 | 147 ft |
| 3033 GRAND AVE S MINNEAPOLIS MN 55408 | KANATA PROPERTIES LLP | APARTMENT | $1,651,000 | 150 ft |
| 3030 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,472,000 | 170 ft |
Most Recent Sale
Current Tax Year