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.
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
Urban Neighborhood 3 — medium-density residential
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 3-story wood frame (5–12 units) benchmarks for 3,725 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 501 3RD AVE S E MINNEAPOLIS MN 55414 | LJSD PROPERTIES LLC | RESIDENTIAL | $378,800 | 63 ft |
| 219 5TH ST S E MINNEAPOLIS MN 55414 | TA REAL ESTATE LLC | RESIDENTIAL | $408,400 | 89 ft |
| 519 3RD AVE S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $4,269,000 | 131 ft |
| 209 5TH ST S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $2,826,000 | 135 ft |
| 301 5TH ST S E MINNEAPOLIS MN 55414 | GSH PROPERTIES 1 LLC | APARTMENT | $1,298,000 | 184 ft |
| 516 3RD AVE S E MINNEAPOLIS MN 55414 | CCHUN PROPERTIES LLC ET AL | TRIPLEX | $431,400 | 220 ft |
| 510 2ND AVE S E MINNEAPOLIS MN 55414 | THOMAS P RALPH | RESIDENTIAL | $298,000 | 234 ft |
| 522 3RD AVE S E MINNEAPOLIS MN 55414 | V THORSTENSON & C JOHNSON | RESIDENTIAL | $337,100 | 236 ft |
| 502 2ND AVE S E MINNEAPOLIS MN 55414 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $667,000 | 238 ft |
| 520 2ND AVE S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $2,795,100 | 242 ft |
Most Recent Sale
Current Tax Year