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.
4 permits on record since 2002 · $337K total declared value · Most recent: Apr 2014 (building re-inspection)
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
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 |
|---|---|---|---|---|
| 3401 SPRING ST N E MINNEAPOLIS MN 55413 | US REALTY INVESTMENT CO | INDUSTRIAL-PREFERRED | $3,110,000 | 620 ft |
| 616 INDUSTRIAL BLVD MINNEAPOLIS MN 55413 | KDLM HOLDINGS INCORPORATED | INDUSTRIAL-PREFERRED | $2,299,000 | 624 ft |
| 3255 SPRING ST N E MINNEAPOLIS MN 55413 | LIV WORD CH WORLD OUTRCH MIN | INDUSTRIAL-PREFERRED | $569,900 | 670 ft |
| 3312 BROADWAY ST N E MINNEAPOLIS MN 55413 | MINNEAGEN REAL ESTATE CO | INDUSTRIAL-PREFERRED | $13,276,900 | 794 ft |
| 760 INDUSTRIAL BLVD MINNEAPOLIS MN 55413 | MINNEAGAN REAL ESTATE CO | LAND - INDUSTRIAL | $3,223,100 | 796 ft |
| 701 INDUSTRIAL BLVD MINNEAPOLIS MN 55413 | ERCOR BB LLC | INDUSTRIAL-PREFERRED | $29,100,000 | 870 ft |
| 451 INDUSTRIAL BLVD MINNEAPOLIS MN 55413 | TCI LL LLC | INDUSTRIAL-PREFERRED | $25,800,000 | 1,144 ft |