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.
3 permits on record since 2018 · $15K total declared value · Most recent: Dec 2023 (misc)
LEGACY RESTORATION LLC
CENTERPOINT ENERGY
Urban Pine Plumbing and Mechanical Inc
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 5,158 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3023 VINCENT AVE N MINNEAPOLIS MN 55411 | DEBORAH M MCKENZIE | RESIDENTIAL | $210,900 | 52 ft |
| 3100 WASHBURN AVE N MINNEAPOLIS MN 55411 | T T PATTERSON/M M PATTERSON | RESIDENTIAL | $228,000 | 133 ft |
| 2832 WEST BROADWAY MINNEAPOLIS MN 55411 | SCOTT H OLSON | RESIDENTIAL-TWO UNIT | $272,500 | 146 ft |
| 3104 WASHBURN AVE N MINNEAPOLIS MN 55411 | ANGEL S WHISBY | RESIDENTIAL | $238,700 | 149 ft |
| 2818 WEST BROADWAY MINNEAPOLIS MN 55411 | GOOD NEWS MINNEAPOLIS CHURCH | RESIDENTIAL | $0 | 167 ft |
| 3108 WASHBURN AVE N MINNEAPOLIS MN 55411 | PATRICK VANDERKOLK ET AL | RESIDENTIAL | $192,500 | 175 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 175 ft |
| 3022 VINCENT AVE N MINNEAPOLIS MN 55411 | LAMIA K KHAZMA | RESIDENTIAL | $142,000 | 193 ft |
| 3102 VINCENT AVE N MINNEAPOLIS MN 55411 | SANGWIN LLC | RESIDENTIAL-TWO UNIT | $275,900 | 193 ft |
| 3112 WASHBURN AVE N MINNEAPOLIS MN 55411 | WILLIE J THOMAS JR | RESIDENTIAL | $188,400 | 198 ft |
Most Recent Sale
Current Tax Year