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.
3 permits on record since 2004 · $170K total declared value · Most recent: Jan 2018 (commercial multi-family)
McDowall Co
RAYCO CONSTRUCTION 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 |
|---|---|---|---|---|
| 443 HOOVER ST N E MINNEAPOLIS MN 55413 | TAHER BAKERY LLC | INDUSTRIAL-PREFERRED | $1,838,000 | 384 ft |
| 360 HOOVER ST N E MINNEAPOLIS MN 55413 | UNITED CEREBRAL PALSY | INDUSTRIAL-PREFERRED | $0 | 424 ft |
| 454 COOLIDGE ST N E MINNEAPOLIS MN 55413 | KANAL LLC/JWS FM LP/MERF INC | INDUSTRIAL-PREFERRED | $5,000,000 | 433 ft |
| 425 HOOVER ST N E MINNEAPOLIS MN 55413 | NORTHERN CONSULTING LLC | INDUSTRIAL-PREFERRED | $2,100,000 | 439 ft |
| 2501 WINTER ST N E MINNEAPOLIS MN 55413 | TCT GROUP LLC | INDUSTRIAL-PREFERRED | $1,587,000 | 500 ft |
| 3101 SPRING ST N E MINNEAPOLIS MN 55413 | DAN LARSON ENTERPRISES INC | INDUSTRIAL-PREFERRED | $1,695,000 | 509 ft |
| 2912 KENNEDY ST N E MINNEAPOLIS MN 55413 | JEFFREY WILLIAMS | LAND - INDUSTRIAL | $39,300 | 527 ft |
| 2525 WINTER ST N E MINNEAPOLIS MN 55413 | 2525 WINTER STREET LLC | INDUSTRIAL-PREFERRED | $1,449,000 | 593 ft |
| 600 HOOVER ST N E MINNEAPOLIS MN 55413 | BREIT HENN IND OWNER LLC | INDUSTRIAL-PREFERRED | $14,575,000 | 599 ft |
| 623 HOOVER ST N E MINNEAPOLIS MN 55413 | MICHELLE REALTY CO | INDUSTRIAL-PREFERRED | $1,470,000 | 646 ft |