ParcelLens
Property Intelligence · Twin Cities
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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.
2 permits on record since 2010 · $90K total declared value · Most recent: Oct 2017 (remodel)
HOME HUGGERS 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 6,138 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3240 GARFIELD AVE MINNEAPOLIS MN 55408 | C OLIVER & E B OLIVER | CONDOMINIUM | $459,000 | 86 ft |
| 3240 GARFIELD AVE MINNEAPOLIS MN 55408 | R HARPER & C HARPER ET AL | CONDOMINIUM | $474,000 | 86 ft |
| 3238 GARFIELD AVE MINNEAPOLIS MN 55408 | SAROSH ANWAR | CONDOMINIUM | $457,000 | 86 ft |
| 3238 GARFIELD AVE MINNEAPOLIS MN 55408 | BAYARD MARTENSEN | CONDOMINIUM | $457,000 | 86 ft |
| 3238 GARFIELD AVE MINNEAPOLIS MN 55408 | BAKERS MILE TWNHOME ASCN INC | COMMON AREA | $0 | 86 ft |
| MN | Unknown | — | — | 86 ft |
| 3255 LYNDALE AVE S MINNEAPOLIS MN 55408 | MT HEADED PROPERTIES LLC | COMMERCIAL-PREFERRED | $407,000 | 134 ft |
| 3247 LYNDALE AVE S MINNEAPOLIS MN 55408 | 3247 LYNDALE LLC | APARTMENT | $1,754,000 | 139 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $123,000 | 170 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $160,000 | 170 ft |
Current Tax Year