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.
2 permits on record since 2025 · Most recent: Dec 2025 (existres)
Sensible Heating and Air Conditioning LLC
CHAMPION PLUMBING LLC
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
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 5,103 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3224 BLAISDELL AVE MINNEAPOLIS MN 55408 | DAVID ALCUIN TAUER | RESIDENTIAL-TWO UNIT | $356,400 | 50 ft |
| 3232 BLAISDELL AVE MINNEAPOLIS MN 55408 | 3232 BLAISDELL AVE SOUTH LLC | APARTMENT | $1,362,000 | 51 ft |
| 3220 BLAISDELL AVE MINNEAPOLIS MN 55408 | 3220 BLAISDELL AVE SOUTH LLC | APARTMENT | $1,604,000 | 100 ft |
| 3236 BLAISDELL AVE MINNEAPOLIS MN 55408 | ANGELES MORALES-VELA | RESIDENTIAL-TWO UNIT | $376,000 | 101 ft |
| 3214 BLAISDELL AVE MINNEAPOLIS MN 55408 | SHIELA ZEPHIER | RESIDENTIAL | $389,000 | 150 ft |
| 3244 BLAISDELL AVE MINNEAPOLIS MN 55408 | BLAISDELL GHL LLC | LOW INCOME RENTAL | $1,829,000 | 171 ft |
| 3233 PILLSBURY AVE MINNEAPOLIS MN 55408 | ELEANOR SAVAGE/JOSINA MANU | RESIDENTIAL | $428,800 | 187 ft |
| 3229 PILLSBURY AVE MINNEAPOLIS MN 55408 | ELEANOR VALERIAN SAVAGE TRE | RESIDENTIAL | $344,000 | 196 ft |
| 3212 BLAISDELL AVE MINNEAPOLIS MN 55408 | E S JANEZICH & R S JANEZICH | RESIDENTIAL | $315,700 | 200 ft |
| 3225 PILLSBURY AVE MINNEAPOLIS MN 55408 | N DIMICK & J BIBELHAUSEN | RESIDENTIAL | $272,700 | 213 ft |
Most Recent Sale
Current Tax Year