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.
6 permits on record since 2019 · $32K total declared value · Most recent: Sep 2025 (res)
Katherine Toomajian
Plumb Right Corp
Katherine Toomajian
LAKESTAR CONTRACTORS LLC
COMPLETE BASEMENT SYSTEMS
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · 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
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 2,810 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3106 VINCENT AVE N MINNEAPOLIS MN 55411 | KATHERINE TOOMAJIAN | RESIDENTIAL | $120,000 | 42 ft |
| 3114 VINCENT AVE N MINNEAPOLIS MN 55411 | G O MALDONADO & O S SANCHEZ | RESIDENTIAL | $279,000 | 42 ft |
| 3118 VINCENT AVE N MINNEAPOLIS MN 55411 | MARVYN R FRANKO RUIZ ET AL | RESIDENTIAL | $217,700 | 84 ft |
| 3102 VINCENT AVE N MINNEAPOLIS MN 55411 | SANGWIN LLC | RESIDENTIAL-TWO UNIT | $275,900 | 100 ft |
| 3122 VINCENT AVE N MINNEAPOLIS MN 55411 | AUSTIN COON & BAILEY J COON | RESIDENTIAL | $267,000 | 126 ft |
| 3111 UPTON AVE N MINNEAPOLIS MN 55411 | L P ROMERO/R E HUANGA REYES | RESIDENTIAL | $228,200 | 143 ft |
| 3115 UPTON AVE N MINNEAPOLIS MN 55411 | ROBERT M ANDERSON TRUSTEE | RESIDENTIAL | $167,100 | 147 ft |
| 3022 VINCENT AVE N MINNEAPOLIS MN 55411 | LAMIA K KHAZMA | RESIDENTIAL | $142,000 | 163 ft |
| 3119 UPTON AVE N MINNEAPOLIS MN 55411 | C M ORELLANA & J R CHANTA | RESIDENTIAL | $198,000 | 164 ft |
| 3107 UPTON AVE N MINNEAPOLIS MN 55411 | M & M STAFFING LLC | LOW INCOME RENTAL | $237,800 | 165 ft |
Most Recent Sale
Current Tax Year