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.
1 permit on record since 2010 · $100K total declared value · Most recent: Oct 2010 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Hawthorne · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1016
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 5,771 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2911 ALDRICH AVE N MINNEAPOLIS MN 55411 | R C RUDE & S K LAAKER-RUDE | RESIDENTIAL | $191,300 | 60 ft |
| 2915 ALDRICH AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $182,800 | 100 ft |
| 2827 ALDRICH AVE N MINNEAPOLIS MN 55411 | MN HOUSING II LLC | RESIDENTIAL | $258,900 | 127 ft |
| 2919 ALDRICH AVE N MINNEAPOLIS MN 55411 | NENG YANG & KAO YANG | RESIDENTIAL | $271,000 | 140 ft |
| 2902 BRYANT AVE N MINNEAPOLIS MN 55411 | UHW R:R III LLC | RESIDENTIAL-TWO UNIT | $276,100 | 141 ft |
| 2906 BRYANT AVE N MINNEAPOLIS MN 55411 | RYAN RICHARDSON | RESIDENTIAL | $149,000 | 142 ft |
| 2910 BRYANT AVE N MINNEAPOLIS MN 55411 | SHALONDA TANISHA PICKFORD | RESIDENTIAL-TWO UNIT | $180,700 | 153 ft |
| 2823 ALDRICH AVE N MINNEAPOLIS MN 55411 | SHERITA MONIBAH | RESIDENTIAL | $277,200 | 168 ft |
| 2912 BRYANT AVE N MINNEAPOLIS MN 55411 | UNITED HMONG INVESTMENT LLC | RESIDENTIAL-TWO UNIT | $188,100 | 173 ft |
| 2923 ALDRICH AVE N MINNEAPOLIS MN 55411 | CCF3, LLC | RESIDENTIAL-TWO UNIT | $326,800 | 180 ft |
Most Recent Sale
Current Tax Year