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.
1 permit on record since 2014 · $1.4M total declared value · Most recent: Apr 2014 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 5,977 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3233 LYNDALE AVE S MINNEAPOLIS MN 55408 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $530,000 | 63 ft |
| 3219 LYNDALE AVE S MINNEAPOLIS MN 55408 | LYNDALE AVENUE LLC | APARTMENT | $2,335,000 | 84 ft |
| 3237 LYNDALE AVE S MINNEAPOLIS MN 55408 | MATTHEW OSTERMANN | TRIPLEX | $566,400 | 105 ft |
| 3228 GARFIELD AVE MINNEAPOLIS MN 55408 | 3228 GARFIELD LLC | VACANT LAND-APARTMENT | $190,300 | 133 ft |
| 3220 GARFIELD AVE MINNEAPOLIS MN 55408 | GAR LLC | APARTMENT | $1,495,000 | 143 ft |
| 3215 LYNDALE AVE S MINNEAPOLIS MN 55408 | C T G JOHNSON ET AL | RESIDENTIAL | $314,000 | 147 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $123,000 | 147 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $160,000 | 147 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $160,000 | 147 ft |
| 3241 LYNDALE AVE S MINNEAPOLIS MN 55408 | JCB HOLDINGS LLC | CONDOMINIUM | $168,000 | 147 ft |
Most Recent Sale
Current Tax Year