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 2020 · Most recent: May 2020 (res)
Urban Pine Plumbing and Mechanical 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
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 6,850 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2611 3RD ST N MINNEAPOLIS MN 55411 | SHIVNATH TANDON | RESIDENTIAL-TWO UNIT | $240,400 | 79 ft |
| 2617 3RD ST N MINNEAPOLIS MN 55411 | J P A ARAYA & C A A ARAYA | RESIDENTIAL-TWO UNIT | $200,300 | 129 ft |
| 2529 3RD ST N MINNEAPOLIS MN 55411 | ELIZABETH VAZQUEZ | RESIDENTIAL-TWO UNIT | $175,600 | 131 ft |
| 313 26TH AVE N MINNEAPOLIS MN 55411 | MAHMOOD KAMAL KHAN | RESIDENTIAL | $37,000 | 139 ft |
| 2619 3RD ST N MINNEAPOLIS MN 55411 | SHIVNATH TANDON | RESIDENTIAL-TWO UNIT | $167,500 | 158 ft |
| 316 26TH AVE N MINNEAPOLIS MN 55411 | ATM PROPERTIES LLC | VACANT LAND-APARTMENT | $68,200 | 159 ft |
| 2527 3RD ST N MINNEAPOLIS MN 55411 | M M R BAUSTISTA/M C D ROCHAC | RESIDENTIAL | $154,500 | 171 ft |
| 2610 4TH ST N MINNEAPOLIS MN 55411 | WA LUE LEE & ONG KONG LEE | RESIDENTIAL | $207,000 | 185 ft |
| 315 26TH AVE N MINNEAPOLIS MN 55411 | MARK A UNGER | RESIDENTIAL | $85,000 | 187 ft |
| 2621 3RD ST N MINNEAPOLIS MN 55411 | MATTHEW LILLIS | RESIDENTIAL-TWO UNIT | $188,100 | 194 ft |
Most Recent Sale
Current Tax Year