In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
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 2,857 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3220 GRAND AVE S MINNEAPOLIS MN 55408 | JAMES D DODD/HELEN J DEFELD | TRIPLEX | $466,900 | 42 ft |
| 3228 GRAND AVE S MINNEAPOLIS MN 55408 | CHINONSO E ANUNKOR | RESIDENTIAL | $298,000 | 42 ft |
| 3216 GRAND AVE S MINNEAPOLIS MN 55408 | BRIANNA RICE | RESIDENTIAL | $370,000 | 84 ft |
| 3232 GRAND AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 84 ft |
| 3212 GRAND AVE S MINNEAPOLIS MN 55408 | ANZA PROPERTY LLC | APARTMENT | $380,000 | 126 ft |
| 3236 GRAND AVE S MINNEAPOLIS MN 55408 | CINNAMON WHALEY | RESIDENTIAL | $372,500 | 126 ft |
| 3225 HARRIET AVE MINNEAPOLIS MN 55408 | ALAN H ANDERSON | RESIDENTIAL | $300,500 | 141 ft |
| 3229 HARRIET AVE MINNEAPOLIS MN 55408 | C KLINGER & M BURNS-KLINGER | RESIDENTIAL | $313,500 | 147 ft |
| 3223 HARRIET AVE MINNEAPOLIS MN 55408 | IRENE FRANCO | RESIDENTIAL-TWO UNIT | $401,200 | 147 ft |
| 3233 HARRIET AVE MINNEAPOLIS MN 55408 | K E HOFF & R M WEIDMAN | RESIDENTIAL | $620,000 | 164 ft |
Most Recent Sale
Current Tax Year