ParcelLens
Property Intelligence · Twin Cities
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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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 215.03
Zip code 55427
Source: Redfin Data Center (Invalid Date) · Zip 55427
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 8500 42ND AVE N NEW HOPE MN 55427 | CCD REAL ESTATE LLC | COMMERCIAL-PREFERRED | $748,000 | 129 ft |
| 8320 42ND AVE N NEW HOPE MN 55427 | MINN FED SAV & LN | COMMERCIAL-PREFERRED | $1,250,000 | 166 ft |
| 4200 ZEALAND AVE N NEW HOPE MN 55428 | 4200 ZEALAND LLC | APARTMENT | $1,106,000 | 259 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | VIL OF NEW HOPE | LAND-COMMERCIAL | $0 | 267 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | ECON DEVEL ATHY NEW HOPE | LAND-COMMERCIAL | $0 | 372 ft |
| 4201 ZEALAND AVE N NEW HOPE MN 55428 | NICHOLAS DERRICK PAUMEN | RESIDENTIAL | $274,200 | 446 ft |
| 4205 ZEALAND AVE N NEW HOPE MN 55428 | ISAAC CHERNEY/ANDREA CHERNEY | RESIDENTIAL | $320,800 | 450 ft |
| 4209 ZEALAND AVE N NEW HOPE MN 55428 | S KRATZER & R KRATZER | RESIDENTIAL | $333,500 | 464 ft |
| 8300 42ND AVE N NEW HOPE MN 55427 | HY-VEE INC | COMMERCIAL-PREFERRED | $1,445,000 | 481 ft |
| 4213 ZEALAND AVE N NEW HOPE MN 55428 | HOMEWARD BOUND INC | RESIDENTIAL | $0 | 489 ft |