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 ↗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.
No permits found in Minneapolis open data for this parcel.
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 4,541 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3316 BLAISDELL AVE MINNEAPOLIS MN 55408 | E D SANTOS & I C SANTOS | RESIDENTIAL | $347,400 | 44 ft |
| 3328 BLAISDELL AVE MINNEAPOLIS MN 55408 | 3328 BLAISDELL AVE LLC | APARTMENT | $1,013,000 | 58 ft |
| 3312 BLAISDELL AVE MINNEAPOLIS MN 55408 | 3312 BLAISDELL LLC | APARTMENT | $1,049,000 | 97 ft |
| 3317 PILLSBURY AVE MINNEAPOLIS MN 55408 | 3322 BLAISDELL LLC | VACANT LAND-APARTMENT | $49,600 | 112 ft |
| 3334 BLAISDELL AVE MINNEAPOLIS MN 55408 | JOHNSON HOMESTEAD 1856 LLP | APARTMENT | $1,020,000 | 120 ft |
| 3315 PILLSBURY AVE MINNEAPOLIS MN 55408 | JOHNSON HOMESTEAD 1856 LLP | APARTMENT | $70,000 | 121 ft |
| 3306 BLAISDELL AVE MINNEAPOLIS MN 55408 | J A SKARIE & A D SKARIE | TRIPLEX | $828,200 | 155 ft |
| 3340 BLAISDELL AVE MINNEAPOLIS MN 55408 | ROYAL APTS COOP | COOPERATIVE HOUSING | $1,200,000 | 182 ft |
| 3340 BLAISDELL AVE MINNEAPOLIS MN 55408 | ROYAL APTS COOP | COOPERATIVE HOUSING | $146,000 | 182 ft |
| 3340 BLAISDELL AVE MINNEAPOLIS MN 55408 | ROYAL APTS COOP | COOPERATIVE HOUSING | $136,000 | 182 ft |
Most Recent Sale
Current Tax Year