ParcelLens
Property Intelligence · Twin Cities
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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 215.02
Zip code 55428
Source: Redfin Data Center (Invalid Date) · Zip 55428
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 |
|---|---|---|---|---|
| 5603 XYLON AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $6,708,000 | 193 ft |
| 5625 ZEALAND AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $1,044,000 | 195 ft |
| 5650 ZEALAND AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $1,036,000 | 210 ft |
| 5600 ZEALAND AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $1,036,000 | 211 ft |
| 5649 ZEALAND AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $1,036,000 | 286 ft |
| 5601 ZEALAND AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $1,020,000 | 287 ft |
| 8500 56TH AVE N NEW HOPE MN 55428 | COVILLA LLC | APARTMENT | $4,581,000 | 361 ft |
| 8431 BASS LAKE RD NEW HOPE MN 55428 | TARAS MEGITS | RESIDENTIAL | $309,700 | 395 ft |
| 8333 BASS LAKE RD NEW HOPE MN 55428 | VA9 NEW HOPE LLC | RESIDENTIAL | $227,600 | 415 ft |
| 5600 XYLON AVE N NEW HOPE MN 55428 | PRAIRIE INVESTORS NHP LLC | APARTMENT | $3,840,000 | 468 ft |