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 204
Zip code 55429
Source: Redfin Data Center (Invalid Date) · Zip 55429
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 |
|---|---|---|---|---|
| 5234 DREW AVE N BROOKLYN CENTER MN 55429 | LISA EDWARDS | RESIDENTIAL | $281,300 | 129 ft |
| 5228 DREW AVE N BROOKLYN CENTER MN 55429 | C L COLLINS & D W COLLINS | RESIDENTIAL | $274,000 | 179 ft |
| 5239 DREW AVE N BROOKLYN CENTER MN 55429 | JAY N BATTENBERG ET AL | RESIDENTIAL-TWO UNIT | $375,800 | 195 ft |
| 5245 DREW AVE N BROOKLYN CENTER MN 55429 | JESSE FORSELL | RESIDENTIAL-TWO UNIT | $403,700 | 205 ft |
| 5237 DREW AVE N BROOKLYN CENTER MN 55429 | JAY NELSON BATTENBERG | RESIDENTIAL-TWO UNIT | $435,200 | 221 ft |
| 3524 53RD AVE N BROOKLYN CENTER MN 55429 | MELISSA S GREGERSEN | RESIDENTIAL | $254,200 | 239 ft |
| 5220 DREW AVE N BROOKLYN CENTER MN 55429 | J A BARILLAS/L N F MARCIAL | RESIDENTIAL | $208,700 | 242 ft |
| 3530 53RD AVE N BROOKLYN CENTER MN 55429 | KENNETH E BOUSLEY | RESIDENTIAL | $265,700 | 250 ft |
| 3518 53RD AVE N BROOKLYN CENTER MN 55429 | JOSEPH BERG & CECILIA BERG | RESIDENTIAL | $289,200 | 253 ft |
| 5233 DREW AVE N BROOKLYN CENTER MN 55429 | AMANDA TEMPLETON | RESIDENTIAL | $274,100 | 259 ft |