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 253.02
Zip code 55420
Source: Redfin Data Center (Invalid Date) · Zip 55420
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 |
|---|---|---|---|---|
| 9840 NICOLLET AVE S BLOOMINGTON MN 55420 | 9840 NICOLLET DF LLC ET AL | APARTMENT | $1,391,500 | 202 ft |
| 9818 NICOLLET AVE S BLOOMINGTON MN 55420 | GRAY BARKOSKY REAL EST LLC | COMMERCIAL-PREFERRED | $429,000 | 208 ft |
| 25 98TH ST W BLOOMINGTON MN 55420 | METRO APARTMENTS INC | LOW INCOME RENTAL | $747,000 | 249 ft |
| 9844 BLAISDELL AVE S BLOOMINGTON MN 55420 | UGMN PROPERTY TRUST | RESIDENTIAL-TWO UNIT | $475,100 | 270 ft |
| 9824 BLAISDELL AVE S BLOOMINGTON MN 55420 | F & M LEVOIR | RESIDENTIAL-TWO UNIT | $471,800 | 276 ft |
| 9813 NICOLLET AVE S BLOOMINGTON MN 55420 | R I ACOSTA CERVANTES ET AL | RESIDENTIAL | $341,100 | 280 ft |
| 9810 BLAISDELL AVE S BLOOMINGTON MN 55420 | TRACY SMITH | RESIDENTIAL-ZERO LOT LINE | $248,600 | 293 ft |
| 9805 NICOLLET AVE S BLOOMINGTON MN 55420 | K N PATEL & A K PATEL | COMMERCIAL-PREFERRED | $909,000 | 295 ft |
| 5 98TH ST W BLOOMINGTON MN 55420 | DEAN/BARBARA JOHNSON HLDG LP | COMMERCIAL-PREFERRED | $438,000 | 300 ft |
| 9904 NICOLLET AVE S BLOOMINGTON MN 55420 | M RITENOUR & N RITENOUR | RESIDENTIAL | $268,700 | 308 ft |