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 78.01
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 |
|---|---|---|---|---|
| 2628 3RD AVE S MINNEAPOLIS MN 55408 | K T POWELL & E POWELL | RESIDENTIAL-TWO UNIT | $348,900 | 40 ft |
| 2620 3RD AVE S MINNEAPOLIS MN 55408 | WOLFPACK CAPITL INVSTMTS LLC | APARTMENT | $641,000 | 53 ft |
| 2632 3RD AVE S MINNEAPOLIS MN 55408 | ESB3 LLC | APARTMENT | $1,153,000 | 80 ft |
| 2616 3RD AVE S MINNEAPOLIS MN 55408 | E FLAT LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $1,012,000 | 106 ft |
| 2638 3RD AVE S MINNEAPOLIS MN 55408 | S KETTERING & S K WOOLEVER | RESIDENTIAL-TWO UNIT | $321,000 | 120 ft |
| 2625 2ND AVE S MINNEAPOLIS MN 55408 | L W WOODLAND & W A BAKER III | RESIDENTIAL-TWO UNIT | $338,100 | 142 ft |
| 2629 2ND AVE S MINNEAPOLIS MN 55408 | H L DAVIS IV & K DAVIS | RESIDENTIAL | $378,300 | 142 ft |
| 2621 2ND AVE S MINNEAPOLIS MN 55408 | J W ARNOLD & A F ARNOLD | APARTMENT | $679,000 | 157 ft |
| 2633 2ND AVE S MINNEAPOLIS MN 55408 | INA HAUGEN | RESIDENTIAL-TWO UNIT | $359,300 | 158 ft |
| 2612 3RD AVE S MINNEAPOLIS MN 55408 | E FLAT LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $750,000 | 159 ft |