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 1257
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 |
|---|---|---|---|---|
| 2938 PENN AVE N MINNEAPOLIS MN 55411 | FEDERAL NATIONAL MORTGAGE AS | RESIDENTIAL | $48,000 | 60 ft |
| 2926 PENN AVE N MINNEAPOLIS MN 55411 | CHRISTIAN V BERMEO GUAMAN | RESIDENTIAL-TWO UNIT | $401,300 | 61 ft |
| 2942 PENN AVE N MINNEAPOLIS MN 55411 | MARIA NIEVES REMACHE PAUCAR | RESIDENTIAL | $196,000 | 100 ft |
| 2922 PENN AVE N MINNEAPOLIS MN 55411 | MASON J ZORN | RESIDENTIAL | $139,700 | 104 ft |
| 2935 OLIVER AVE N MINNEAPOLIS MN 55411 | JOSHUA K SWANTZ | RESIDENTIAL | $238,400 | 139 ft |
| 2931 OLIVER AVE N MINNEAPOLIS MN 55411 | JESSICA A KUNITZ | RESIDENTIAL | $135,800 | 140 ft |
| 2946 PENN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 140 ft |
| 2918 PENN AVE N MINNEAPOLIS MN 55411 | TRIO INVESTMENTS LLC | RESIDENTIAL | $181,000 | 147 ft |
| 2939 OLIVER AVE N MINNEAPOLIS MN 55411 | LATHAM L & TYCHANZA LUEPKE | RESIDENTIAL | $250,700 | 150 ft |
| 2927 OLIVER AVE N MINNEAPOLIS MN 55411 | ROSA B CAIZA PANELUISA ET AL | RESIDENTIAL | $284,100 | 151 ft |