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 ↗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.
9 permits on record since 2017 · $137K total declared value · Most recent: Mar 2026 (foodbev)
Norblom Plumbing Co
Faircon Service Co
Commercial Plumbing and Heating Inc
MARKET MECHANICAL INC
ALLAN MECHANICAL INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Mid - City Industrial · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1040.02
Zip code 55413
Source: Redfin Data Center (Invalid Date) · Zip 55413
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 |
|---|---|---|---|---|
| 341 HOOVER ST N E MINNEAPOLIS MN 55413 | 359 HOOVER LLC | LAND - INDUSTRIAL | $24,100 | 251 ft |
| 339 HOOVER ST N E MINNEAPOLIS MN 55413 | 359 HOOVER LLC | LAND - INDUSTRIAL | $24,100 | 252 ft |
| 345 HOOVER ST N E MINNEAPOLIS MN 55413 | 359 HOOVER LLC | LAND - INDUSTRIAL | $67,900 | 255 ft |
| 337 HOOVER ST N E MINNEAPOLIS MN 55413 | 359 HOOVER LLC | LAND - INDUSTRIAL | $45,800 | 256 ft |
| 2409 HENNEPIN AVE E MINNEAPOLIS MN 55413 | FJM MERCED ASSOCIATES LP | INDUSTRIAL-PREFERRED | $1,233,000 | 263 ft |
| 333 HOOVER ST N E MINNEAPOLIS MN 55413 | 359 HOOVER LLC | LAND - INDUSTRIAL | $45,800 | 265 ft |
| 300 HOOVER ST N E MINNEAPOLIS MN 55413 | FJM MERCED ASSOCIATES LP | INDUSTRIAL-PREFERRED | $260,000 | 271 ft |
| 321 HOOVER ST N E MINNEAPOLIS MN 55413 | S J GROVES AND SONS CO | LAND - INDUSTRIAL | $22,800 | 278 ft |
| 2912 KENNEDY ST N E MINNEAPOLIS MN 55413 | JEFFREY WILLIAMS | LAND - INDUSTRIAL | $39,300 | 280 ft |
| 2407 HENNEPIN AVE E MINNEAPOLIS MN 55413 | FJM MERCED ASSOCIATES LP | INDUSTRIAL-PREFERRED | $1,269,000 | 291 ft |