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 2020 · $27K total declared value · Most recent: Jul 2025 (private)
BD Construction, LLC
MR ROOTER PLUMBING OF THE TWIN CITIES
MR ROOTER PLUMBING OF THE TWIN CITIES
Centraire Heating & Air Conditioning LLC
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 1,510 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 312 33RD ST W MINNEAPOLIS MN 55408 | MICHAEL CARUS | RESIDENTIAL | $281,200 | 41 ft |
| 320 33RD ST W MINNEAPOLIS MN 55408 | PROJECT 324 LLC | LAND-COMMERCIAL | $111,200 | 42 ft |
| 3245 GRAND AVE S MINNEAPOLIS MN 55408 | THANG VO | RESIDENTIAL | $333,300 | 65 ft |
| 308 33RD ST W MINNEAPOLIS MN 55408 | D J GRAMANN | RESIDENTIAL | $356,000 | 94 ft |
| 3243 GRAND AVE S MINNEAPOLIS MN 55408 | DANIEL C LEDIN | RESIDENTIAL-TWO UNIT | $391,000 | 107 ft |
| 3301 GRAND AVE S MINNEAPOLIS MN 55408 | JON W BRANDT | APARTMENT | $743,100 | 128 ft |
| 3250 PLEASANT AVE MINNEAPOLIS MN 55408 | M J HOERR & B J BRUSEGARD | RESIDENTIAL | $369,500 | 137 ft |
| 3237 GRAND AVE S MINNEAPOLIS MN 55408 | STUART SKRIEN/CYNTHIA SKRIEN | APARTMENT | $500,000 | 148 ft |
| 3246 PLEASANT AVE MINNEAPOLIS MN 55408 | SPENCER GRANT & AMELIA GRANT | RESIDENTIAL-TWO UNIT | $435,600 | 150 ft |
| 315 33RD ST W MINNEAPOLIS MN 55408 | JAMES SWENSON | RESIDENTIAL | $256,600 | 152 ft |
Most Recent Sale
Current Tax Year