ParcelLens
Property Intelligence · Twin Cities
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In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 1070
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 3,051 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2732 GARFIELD AVE MINNEAPOLIS MN 55408 | URBN PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $316,400 | 41 ft |
| 2728 GARFIELD AVE MINNEAPOLIS MN 55408 | DAVID CLARENCE SASSE ET AL | RESIDENTIAL | $183,600 | 74 ft |
| 2743 LYNDALE AVE S MINNEAPOLIS MN 55408 | LYNDALE SALEM GREEN LTD PTSP | LOW INCOME RENTAL | $783,300 | 103 ft |
| 2724 GARFIELD AVE MINNEAPOLIS MN 55408 | ANNELIESE CUTTLE | RESIDENTIAL-TWO UNIT | $420,800 | 112 ft |
| 610 28TH ST W MINNEAPOLIS MN 55408 | SALEM ENG EVAN LUTH CH ETAL | COMMERCIAL-PREFERRED | $0 | 120 ft |
| 2720 GARFIELD AVE MINNEAPOLIS MN 55408 | TIM CONDON & EMILY MOOTHART | RESIDENTIAL | $330,300 | 154 ft |
| 2727 LYNDALE AVE S MINNEAPOLIS MN 55408 | JULIUS DEROMA | COMMERCIAL-PREFERRED | $672,000 | 169 ft |
| 2743 LYNDALE AVE S MINNEAPOLIS MN 55408 | LYNDALE SALEM GREEN LTD PTSP | LOW INCOME RENTAL | $700,000 | 176 ft |
| 2743 LYNDALE AVE S MINNEAPOLIS MN 55408 | LYNDALE SALEM GREEN LTD PTSP | LOW INCOME RENTAL | $2,000 | 176 ft |
| 2743 LYNDALE AVE S MINNEAPOLIS MN 55408 | LYNDALE SALEM GREEN LTD PTSP | LOW INCOME RENTAL | $930,000 | 176 ft |
Most Recent Sale
Current Tax Year