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 ↗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.
1 permit on record since 2026 · Most recent: Jan 2026 (existres)
Hoffman Refrigeration and Heating Ltd
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 2,906 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3315 GARFIELD AVE MINNEAPOLIS MN 55408 | A O LOVEJOY & I TCHOUKARINE | RESIDENTIAL | $392,700 | 42 ft |
| 3305 GARFIELD AVE MINNEAPOLIS MN 55408 | D M HERKENHOFF ET AL REV TR | RESIDENTIAL | $441,100 | 43 ft |
| 3317 GARFIELD AVE MINNEAPOLIS MN 55408 | DANIEL J BENDER REV TR ET AL | RESIDENTIAL | $493,800 | 85 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | S PAJUNEN/F OLSON-BORGERDING | CONDOMINIUM | $204,900 | 86 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | ASHLEY J WIESE | CONDOMINIUM | $191,400 | 86 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | IAN ALLEN | CONDOMINIUM | $205,900 | 86 ft |
| 3301 GARFIELD AVE MINNEAPOLIS MN 55408 | RICHARD FAIRBANKS | CONDOMINIUM | $205,900 | 86 ft |
| MN | Unknown | — | — | 86 ft |
| 507 33RD ST W MINNEAPOLIS MN 55408 | KAREN A WILLIAMS LLC | RESIDENTIAL-TWO UNIT | $444,600 | 127 ft |
| 3321 GARFIELD AVE MINNEAPOLIS MN 55408 | JUSTIN J ANDERSON ETAL | RESIDENTIAL | $395,700 | 128 ft |
Most Recent Sale
Current Tax Year