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.
2 permits on record since 2013 · $131K total declared value · Most recent: May 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 |
|---|---|---|---|---|
| 641 HOOVER ST N E MINNEAPOLIS MN 55413 | BEZUKHOV LLC | INDUSTRIAL-PREFERRED | $1,748,000 | 171 ft |
| 3101 SPRING ST N E MINNEAPOLIS MN 55413 | DAN LARSON ENTERPRISES INC | INDUSTRIAL-PREFERRED | $1,695,000 | 194 ft |
| 3225 SPRING ST N E MINNEAPOLIS MN 55413 | UNIVERSAL OUTDOOR INC | INDUSTRIAL-PREFERRED | $6,585,000 | 308 ft |
| 443 HOOVER ST N E MINNEAPOLIS MN 55413 | TAHER BAKERY LLC | INDUSTRIAL-PREFERRED | $1,838,000 | 490 ft |
| 3255 SPRING ST N E MINNEAPOLIS MN 55413 | LIV WORD CH WORLD OUTRCH MIN | INDUSTRIAL-PREFERRED | $569,900 | 602 ft |
| 460 HOOVER ST N E MINNEAPOLIS MN 55413 | KEEP IT IN THE GROUND LLC | INDUSTRIAL-PREFERRED | $5,750,000 | 646 ft |
| 600 HOOVER ST N E MINNEAPOLIS MN 55413 | BREIT HENN IND OWNER LLC | INDUSTRIAL-PREFERRED | $14,575,000 | 701 ft |
| 3312 BROADWAY ST N E MINNEAPOLIS MN 55413 | MINNEAGEN REAL ESTATE CO | INDUSTRIAL-PREFERRED | $13,276,900 | 796 ft |
| 3000 BROADWAY ST N E MINNEAPOLIS MN 55413 | SD HOLDINGS LLC | INDUSTRIAL-PREFERRED | $5,775,000 | 859 ft |
| 2600 WINTER ST N E MINNEAPOLIS MN 55413 | TARGET CORPORATION | INDUSTRIAL-PREFERRED | $43,900,000 | 1,099 ft |