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.
2 permits on record since 2019 · $4K total declared value · Most recent: Mar 2021 (misc)
Home Depot USA Inc
CenterPoint Energy Resource Corp
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 5,968 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3240 GARFIELD AVE MINNEAPOLIS MN 55408 | C OLIVER & E B OLIVER | CONDOMINIUM | $459,000 | 0 ft |
| 3240 GARFIELD AVE MINNEAPOLIS MN 55408 | R HARPER & C HARPER ET AL | CONDOMINIUM | $474,000 | 0 ft |
| 3238 GARFIELD AVE MINNEAPOLIS MN 55408 | BAYARD MARTENSEN | CONDOMINIUM | $457,000 | 0 ft |
| 3238 GARFIELD AVE MINNEAPOLIS MN 55408 | BAKERS MILE TWNHOME ASCN INC | COMMON AREA | $0 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 3236 GARFIELD AVE MINNEAPOLIS MN 55408 | EMILY COVERT | CONDOMINIUM | $120,500 | 84 ft |
| 3236 GARFIELD AVE MINNEAPOLIS MN 55408 | PHILIP ANTHONY BOLOGNA | CONDOMINIUM | $120,500 | 84 ft |
| 3236 GARFIELD AVE MINNEAPOLIS MN 55408 | MARY CHRISTINE BENDER | CONDOMINIUM | $98,000 | 84 ft |
| 3236 GARFIELD AVE MINNEAPOLIS MN 55408 | CHRISTINA MITCHEL | CONDOMINIUM | $98,000 | 84 ft |
| 3236 GARFIELD AVE MINNEAPOLIS MN 55408 | A M BOBYAK & A M BECK | CONDOMINIUM | $132,300 | 84 ft |
Most Recent Sale
Current Tax Year