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 |
|---|---|---|---|---|
| 501 98TH ST E BLOOMINGTON MN 55420 | OLD SHAKOPEE PROPS LLC | APARTMENT | $3,174,200 | 231 ft |
| 9816 PORTLAND AVE S BLOOMINGTON MN 55420 | SULLIVAN JT REV LIV TRUST | RESIDENTIAL | $301,800 | 288 ft |
| 518 99TH ST E BLOOMINGTON MN 55420 | Z TORRES & M M TORRES | RESIDENTIAL | $354,700 | 290 ft |
| 512 99TH ST E BLOOMINGTON MN 55420 | BLOOMINGTON H R A | RESIDENTIAL | $0 | 321 ft |
| 9905 PORTLAND AVE S BLOOMINGTON MN 55420 | GARY A FOX | RESIDENTIAL | $293,100 | 322 ft |
| 601 98TH ST E BLOOMINGTON MN 55420 | EV LUTH CH OF ATONE | COMMERCIAL-PREFERRED | $0 | 325 ft |
| 600 99TH ST E BLOOMINGTON MN 55420 | ROTHA THOU | RESIDENTIAL | $367,600 | 369 ft |
| 500 99TH ST E BLOOMINGTON MN 55420 | J D WILLIAMS & S J WILLIAMS | RESIDENTIAL | $344,100 | 376 ft |
| 411 98TH ST E BLOOMINGTON MN 55420 | OLD SHAKOPEE PROPS LLC | APARTMENT | $4,772,400 | 381 ft |
| 600 98TH ST E BLOOMINGTON MN 55420 | SANDRA K ELLIS | RESIDENTIAL | $355,000 | 427 ft |