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.
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 68
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2424 GARFIELD AVE MINNEAPOLIS MN 55405 | AMY L KAFKAS & LEE J KAFKAS | TRIPLEX | $510,500 | 40 ft |
| 2432 GARFIELD AVE MINNEAPOLIS MN 55405 | DANE J ROSSO | RESIDENTIAL | $285,400 | 40 ft |
| 2420 GARFIELD AVE MINNEAPOLIS MN 55405 | DANIEL J BROWN | RESIDENTIAL-TWO UNIT | $438,900 | 80 ft |
| 2436 GARFIELD AVE MINNEAPOLIS MN 55405 | B A EHRMAN-SOLBERG/J A MARKS | TRIPLEX | $492,300 | 80 ft |
| 2416 GARFIELD AVE MINNEAPOLIS MN 55405 | HEATHER TURNGREN | RESIDENTIAL-TWO UNIT | $404,100 | 120 ft |
| 2440 GARFIELD AVE MINNEAPOLIS MN 55405 | DAVID LEE SCHNACK | TRIPLEX | $695,300 | 120 ft |
| 2429 LYNDALE AVE S MINNEAPOLIS MN 55405 | KENNETH D KEACHER | TRIPLEX | $690,000 | 130 ft |
| 2433 LYNDALE AVE S MINNEAPOLIS MN 55405 | JAMES KLOMPS | APARTMENT | $670,000 | 136 ft |
| 2425 LYNDALE AVE S MINNEAPOLIS MN 55405 | KENNETH D KEACHER | RESIDENTIAL-TWO UNIT | $296,500 | 136 ft |
| 2437 LYNDALE AVE S MINNEAPOLIS MN 55405 | RDA UPTOWN IV LLC | RESIDENTIAL | $188,000 | 153 ft |