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 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 |
|---|---|---|---|---|
| 522 3RD AVE S E MINNEAPOLIS MN 55414 | V THORSTENSON & C JOHNSON | RESIDENTIAL | $337,100 | 63 ft |
| 301 5TH ST S E MINNEAPOLIS MN 55414 | GSH PROPERTIES 1 LLC | APARTMENT | $1,298,000 | 106 ft |
| 307 5TH ST S E MINNEAPOLIS MN 55414 | DAVID J CURRY MARITAL TRUST | RESIDENTIAL-TWO UNIT | $484,100 | 106 ft |
| 316 6TH ST S E MINNEAPOLIS MN 55414 | J E GOEBERL & A THIBEAULT | RESIDENTIAL | $560,800 | 115 ft |
| 300 6TH ST S E MINNEAPOLIS MN 55414 | V THORSTENSON/C JOHNSON | RESIDENTIAL | $461,000 | 127 ft |
| 315 5TH ST S E MINNEAPOLIS MN 55414 | THEPHRASOUVANH LLC | APARTMENT | $952,000 | 134 ft |
| 318 6TH ST S E MINNEAPOLIS MN 55414 | BILLY R SOMMERS | RESIDENTIAL | $270,000 | 172 ft |
| 517 4TH AVE S E MINNEAPOLIS MN 55414 | THOMAS & REBECCA A MASTERMAN | RESIDENTIAL | $408,300 | 199 ft |
| 319 5TH ST S E MINNEAPOLIS MN 55414 | P A PETERSEN & J T A TUCKER | RESIDENTIAL | $558,000 | 202 ft |
| 511 4TH AVE S E MINNEAPOLIS MN 55414 | J THEODORE A TUCKER | RESIDENTIAL-TWO UNIT | $403,100 | 207 ft |