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.
1 permit on record since 2025 · $62K total declared value · Most recent: Jul 2025 (roofwind)
SELA ROOFING AND REMODELING 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 2,690 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3341 HARRIET AVE MINNEAPOLIS MN 55408 | HARRIET ENTERPRISES LLC | APARTMENT | $669,000 | 43 ft |
| 3337 HARRIET AVE MINNEAPOLIS MN 55408 | DEBORAH J HENNRIKUS TRUST | RESIDENTIAL | $350,500 | 85 ft |
| 3401 HARRIET AVE MINNEAPOLIS MN 55408 | 3401HARRIET LLC | RESIDENTIAL | $426,900 | 124 ft |
| 3333 HARRIET AVE MINNEAPOLIS MN 55408 | L PETELINSEK & N CAMERON | RESIDENTIAL | $352,500 | 128 ft |
| 3344 GRAND AVE S MINNEAPOLIS MN 55408 | S B & J L SCHUENEMAN | RESIDENTIAL | $315,800 | 141 ft |
| 3340 GRAND AVE S MINNEAPOLIS MN 55408 | JACKIE JO WILLEY | RESIDENTIAL | $320,100 | 148 ft |
| 411 34TH ST W MINNEAPOLIS MN 55408 | KELLEN ANDERSON | RESIDENTIAL-TWO UNIT | $264,600 | 163 ft |
| 3336 GRAND AVE S MINNEAPOLIS MN 55408 | JAMES D TORBERT REV LIV TR | RESIDENTIAL | $335,400 | 166 ft |
| 3329 HARRIET AVE MINNEAPOLIS MN 55408 | RANDI MOYER | RESIDENTIAL | $426,600 | 170 ft |
| 407 34TH ST W MINNEAPOLIS MN 55408 | K MACLAM/SEAN KNICKERBOCKER | RESIDENTIAL | $250,700 | 181 ft |
Most Recent Sale
Current Tax Year