Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 29,558 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 318 8TH ST S E MINNEAPOLIS MN 55414 | OMAR MOROCHO | RESIDENTIAL-TWO UNIT | $491,800 | 166 ft |
| 310 8TH ST S E MINNEAPOLIS MN 55414 | GRAYBRIER COMPANIES LLC | APARTMENT | $1,785,000 | 176 ft |
| 330 8TH ST S E MINNEAPOLIS MN 55414 | 330 8TH STREET LLC | APARTMENT | $1,352,000 | 188 ft |
| 702 3RD AVE S E MINNEAPOLIS MN 55414 | THOMAS D ROHDE & WIFE | TOWNHOUSE | $288,900 | 191 ft |
| 704 3RD AVE S E MINNEAPOLIS MN 55414 | ALANNA FARRELL | TOWNHOUSE | $332,800 | 191 ft |
| 718 3RD AVE S E MINNEAPOLIS MN 55414 | STEPHANIE AMMEND | TOWNHOUSE | $308,200 | 191 ft |
| 738 3RD AVE S E MINNEAPOLIS MN 55414 | NYSSA GESCH | TOWNHOUSE | $315,700 | 191 ft |
| 740 3RD AVE S E MINNEAPOLIS MN 55414 | ATHITTHARN ATCHAWONG | TOWNHOUSE | $299,600 | 191 ft |
| 742 3RD AVE S E MINNEAPOLIS MN 55414 | MARK L SAHR | TOWNHOUSE | $291,000 | 191 ft |
| 730 3RD AVE S E MINNEAPOLIS MN 55414 | J P ANDERSON & T J ANDERSON | RESIDENTIAL | $9,000 | 191 ft |
Most Recent Sale
Current Tax Year