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 |
|---|---|---|---|---|
| 724 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-APARTMENT | $71,300 | 54 ft |
| 712 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | RESIDENTIAL | $234,900 | 70 ft |
| 728 2ND AVE S E MINNEAPOLIS MN 55414 | SVEN SUNDGAARD | TRIPLEX | $614,100 | 103 ft |
| 700 2ND AVE S E MINNEAPOLIS MN 55414 | NAEGELE OUTDOOR ADV CO | LAND-COMMERCIAL | $27,800 | 132 ft |
| 214 8TH ST S E MINNEAPOLIS MN 55414 | OSAMA ABDEL-KERIM & EMAN ALY | APARTMENT | $581,900 | 137 ft |
| 715 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | RESIDENTIAL-TWO UNIT | $267,600 | 177 ft |
| 711 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-RESIDENTIAL | $84,000 | 189 ft |
| 700 HENNEPIN AVE E MINNEAPOLIS MN 55414 | 701 LLC | COMMERCIAL-PREFERRED | $1,015,000 | 190 ft |
| 122 8TH ST S E MINNEAPOLIS MN 55414 | RLSJR LLC | COMMERCIAL-PREFERRED | $1,050,000 | 209 ft |
| 709 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-RESIDENTIAL | $151,000 | 226 ft |