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.
4 permits on record since 2022 · $51K total declared value · Most recent: Jul 2025 (remodel)
24 RESTORE
Hero Home Services LLC
MINNESOTA ROOFING CO
HEINEN CONTRACTING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 |
|---|---|---|---|---|
| 2437 LYNDALE AVE S MINNEAPOLIS MN 55405 | RDA UPTOWN IV LLC | RESIDENTIAL | $188,000 | 40 ft |
| 2429 LYNDALE AVE S MINNEAPOLIS MN 55405 | KENNETH D KEACHER | TRIPLEX | $690,000 | 40 ft |
| 2441 LYNDALE AVE S MINNEAPOLIS MN 55405 | K DORNEY & C S BROUILLARD | COMMERCIAL-PREFERRED | $256,000 | 79 ft |
| 2425 LYNDALE AVE S MINNEAPOLIS MN 55405 | KENNETH D KEACHER | RESIDENTIAL-TWO UNIT | $296,500 | 80 ft |
| 2445 LYNDALE AVE S MINNEAPOLIS MN 55405 | MICHAEL MARTIN/GWEN MARTIN | RESIDENTIAL | $329,000 | 118 ft |
| 2421 LYNDALE AVE S MINNEAPOLIS MN 55405 | LYNDALE 2421 LLC | RESIDENTIAL | $357,600 | 120 ft |
| 2432 GARFIELD AVE MINNEAPOLIS MN 55405 | DANE J ROSSO | RESIDENTIAL | $285,400 | 130 ft |
| 2428 GARFIELD AVE MINNEAPOLIS MN 55405 | DNEN 2428 LLC | APARTMENT | $484,000 | 136 ft |
| 2436 GARFIELD AVE MINNEAPOLIS MN 55405 | B A EHRMAN-SOLBERG/J A MARKS | TRIPLEX | $492,300 | 136 ft |
| 2424 GARFIELD AVE MINNEAPOLIS MN 55405 | AMY L KAFKAS & LEE J KAFKAS | TRIPLEX | $510,500 | 153 ft |