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.
1 permit on record since 2025 · Most recent: Oct 2025 (commercial minor)
Alejandro Cardenas Rodas
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 33
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 6,157 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1112 NEWTON AVE N MINNEAPOLIS MN 55411 | VUSUMIZI ZULU | RESIDENTIAL | $317,000 | 74 ft |
| 1200 NEWTON AVE N MINNEAPOLIS MN 55411 | BLIA XIONG | RESIDENTIAL | $225,000 | 123 ft |
| 1108 NEWTON AVE N MINNEAPOLIS MN 55411 | KRISTOFER MERTZ | RESIDENTIAL | $336,000 | 137 ft |
| 1119 MORGAN AVE N MINNEAPOLIS MN 55411 | FAITH DELIVERANCE HOLINESS C | COMMERCIAL-PREFERRED | $0 | 142 ft |
| 1204 NEWTON AVE N MINNEAPOLIS MN 55411 | KUNG MENG XIONG | RESIDENTIAL | $240,000 | 164 ft |
| 1119 NEWTON AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 186 ft |
| 1203 MORGAN AVE N MINNEAPOLIS MN 55411 | PES GROUP LLC | RESIDENTIAL | $282,000 | 189 ft |
| 1107 MORGAN AVE N MINNEAPOLIS MN 55411 | BRANDON BASS | RESIDENTIAL | $333,000 | 194 ft |
| 1115 NEWTON AVE N MINNEAPOLIS MN 55411 | T RILEY & W R RILEY JR | RESIDENTIAL | $310,000 | 197 ft |
| 1102 NEWTON AVE N MINNEAPOLIS MN 55411 | MICHAEL DUPREE MARTIN | RESIDENTIAL | $311,000 | 200 ft |
Most Recent Sale
Current Tax Year