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.
1 permit on record since 2018 · $2K total declared value · Most recent: Jan 2018 (commercial multi-family)
NEIL HEATING AND AIR CONDITIONING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Hawthorne · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 22
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,226 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 621 26TH AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 39 ft |
| 619 26TH AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 78 ft |
| 2516 LYNDALE AVE N MINNEAPOLIS MN 55411 | DANMARK PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $258,000 | 104 ft |
| 617 26TH AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 116 ft |
| 2514 LYNDALE AVE N MINNEAPOLIS MN 55411 | D & P RENTALS LLC | RESIDENTIAL-TWO UNIT | $214,700 | 141 ft |
| 2521 LYNDALE AVE N MINNEAPOLIS MN 55411 | FOUNDATION CAPITAL RESOURES | COMMERCIAL-PREFERRED | $0 | 164 ft |
| 615 26TH AVE N MINNEAPOLIS MN 55411 | MARIA C CHIMBORAZO QUIZHPI | RESIDENTIAL-TWO UNIT | $275,500 | 170 ft |
| 2510 LYNDALE AVE N MINNEAPOLIS MN 55411 | P DOOLITTLE & D ANDREWS | VACANT LAND-RESIDENTIAL | $14,000 | 177 ft |
| 2515 LYNDALE AVE N MINNEAPOLIS MN 55411 | FOUNDATION CAPITAL RESOURES | VACANT LAND-RESIDENTIAL | $0 | 195 ft |
| 613 26TH AVE N MINNEAPOLIS MN 55411 | YVONNE E RIETZ | RESIDENTIAL | $137,000 | 210 ft |
Most Recent Sale
Current Tax Year