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 2025 · $114K total declared value · Most recent: Jul 2025 (existres)
MESPO HEATING AND COOLING INC
Barr Web Industries Inc
A 1 CONTRACTORS LLC
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 3,390 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2827 3RD ST N MINNEAPOLIS MN 55411 | PRESTIGE HLTH & HM CARE LLC | RESIDENTIAL-TWO UNIT | $258,100 | 41 ft |
| 2825 3RD ST N MINNEAPOLIS MN 55411 | ANNA LOUISE H SVIBEN | RESIDENTIAL | $228,700 | 103 ft |
| 306 29TH AVE N MINNEAPOLIS MN 55411 | RACHEL GRAN | RESIDENTIAL | $170,700 | 110 ft |
| 2905 3RD ST N MINNEAPOLIS MN 55411 | NID LEE & CHRISTINA P HERGN | RESIDENTIAL | $164,600 | 153 ft |
| 2815 3RD ST N MINNEAPOLIS MN 55411 | MICHAEL VINCENT DELOSIER | RESIDENTIAL | $25,000 | 165 ft |
| 2828 4TH ST N MINNEAPOLIS MN 55411 | RUTH L HOWELL & G R STRUNK | RESIDENTIAL-TWO UNIT | $198,800 | 173 ft |
| 2826 4TH ST N MINNEAPOLIS MN 55411 | R S HAMMETT & C J HAMMETT | RESIDENTIAL | $213,000 | 177 ft |
| 2909 3RD ST N MINNEAPOLIS MN 55411 | SHANNON B ST.PETERS | LOW INCOME RENTAL | $199,600 | 188 ft |
| 2820 4TH ST N MINNEAPOLIS MN 55411 | CITY GARDEN TRUST INC | VACANT LAND-RESIDENTIAL | $5,000 | 191 ft |
| 2900 4TH ST N MINNEAPOLIS MN 55411 | J JUNG & M JUNG | LOW INCOME RENTAL | $217,200 | 199 ft |
Most Recent Sale
Current Tax Year