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.
3 permits on record since 2018 · Most recent: Jun 2019 (existres)
Home Energy Center Inc
B and B Plumbing Inc
NEIL HEATING AND AIR CONDITIONING INC
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
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 3,758 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2909 3RD ST N MINNEAPOLIS MN 55411 | SHANNON B ST.PETERS | LOW INCOME RENTAL | $199,600 | 35 ft |
| 306 29TH AVE N MINNEAPOLIS MN 55411 | RACHEL GRAN | RESIDENTIAL | $170,700 | 43 ft |
| 2911 3RD ST N MINNEAPOLIS MN 55411 | ROBERT ZEMAN | RESIDENTIAL | $116,900 | 63 ft |
| 2915 3RD ST N MINNEAPOLIS MN 55411 | PEONY HILDRETH | RESIDENTIAL-TWO UNIT | $236,200 | 91 ft |
| 2919 3RD ST N MINNEAPOLIS MN 55411 | MAGNOLIA HOMES LLC | VACANT LAND-RESIDENTIAL | $0 | 126 ft |
| 2831 3RD ST N MINNEAPOLIS MN 55411 | HANNA FELEKE | RESIDENTIAL-TWO UNIT | $362,600 | 153 ft |
| 2923 3RD ST N MINNEAPOLIS MN 55411 | LARRICK POTVIN & NALA FORD | RESIDENTIAL | $284,800 | 167 ft |
| 2906 4TH ST N MINNEAPOLIS MN 55411 | GLADYS I LARGO QUITUISACA | RESIDENTIAL-TWO UNIT | $196,400 | 172 ft |
| 2900 4TH ST N MINNEAPOLIS MN 55411 | J JUNG & M JUNG | LOW INCOME RENTAL | $217,200 | 176 ft |
| 2910 4TH ST N MINNEAPOLIS MN 55411 | JSW PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $203,100 | 178 ft |
Most Recent Sale
Current Tax Year