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.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1013
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3011 PENN AVE N MINNEAPOLIS MN 55411 | ANGELA RENEE LANE | RESIDENTIAL | $239,800 | 60 ft |
| 3015 PENN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 100 ft |
| 2957 PENN AVE N MINNEAPOLIS MN 55411 | NANCY L MUNSON | RESIDENTIAL | $89,000 | 120 ft |
| 3019 PENN AVE N MINNEAPOLIS MN 55411 | J R SMILEY IV & A M SMILEY | RESIDENTIAL | $274,000 | 140 ft |
| 3002 QUEEN AVE N MINNEAPOLIS MN 55411 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $320,000 | 140 ft |
| 3006 QUEEN AVE N MINNEAPOLIS MN 55411 | SHALAAYNE T JACKSON | RESIDENTIAL | $232,600 | 140 ft |
| 3010 QUEEN AVE N MINNEAPOLIS MN 55411 | EDGAR GARCIA HERNANDEZ | RESIDENTIAL | $318,000 | 152 ft |
| 2955 PENN AVE N MINNEAPOLIS MN 55411 | M&M STAFFING LLC | RESIDENTIAL-TWO UNIT | $77,000 | 160 ft |
| 3014 QUEEN AVE N MINNEAPOLIS MN 55411 | TIMOTHY T TAMBORININO | RESIDENTIAL | $126,000 | 172 ft |
| 3023 PENN AVE N MINNEAPOLIS MN 55411 | M V R URRUCHE & R L O SOLANO | RESIDENTIAL | $198,000 | 180 ft |