Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
7 permits on record since 2017 · $48K total declared value · Most recent: Feb 2021 (res)
Doran Enterprises INC
Twin Cities Plumbing Heating and Construction LLC
STAFFORD HOME SERVICE
STAFFORD HOME SERVICE
SANDSTONE REMODELING LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
McKinley · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1009
Zip code 55412
Source: Redfin Data Center (Invalid Date) · Zip 55412
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 4,269 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3234 LYNDALE AVE N MINNEAPOLIS MN 55412 | K A ROCK & W L LOFTIS | RESIDENTIAL | $173,100 | 46 ft |
| 3242 LYNDALE AVE N MINNEAPOLIS MN 55412 | TETO WILSON | RESIDENTIAL | $222,000 | 46 ft |
| 3230 LYNDALE AVE N MINNEAPOLIS MN 55412 | BLAKE T ZOCHERT | RESIDENTIAL | $260,400 | 92 ft |
| 3250 LYNDALE AVE N MINNEAPOLIS MN 55412 | LAO THAO & NHIA VANG | RESIDENTIAL | $318,000 | 118 ft |
| 615 33RD AVE N MINNEAPOLIS MN 55412 | P A ANDERSON & J A ANDERSON | RESIDENTIAL | $115,000 | 126 ft |
| 3224 LYNDALE AVE N MINNEAPOLIS MN 55412 | L & M HOMES LLC | RESIDENTIAL-TWO UNIT | $275,300 | 135 ft |
| 3237 6TH ST N MINNEAPOLIS MN 55412 | KIET A TRAN | RESIDENTIAL | $312,000 | 172 ft |
| 3222 LYNDALE AVE N MINNEAPOLIS MN 55412 | MARK LANGMADE | RESIDENTIAL | $125,300 | 175 ft |
| 3243 6TH ST N MINNEAPOLIS MN 55412 | DIEGO LOPEZ | RESIDENTIAL-TWO UNIT | $298,400 | 178 ft |
| 3233 6TH ST N MINNEAPOLIS MN 55412 | M I MONTIEL / N V PENALOSA | RESIDENTIAL-TWO UNIT | $225,100 | 179 ft |
Most Recent Sale
Current Tax Year