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 |
|---|---|---|---|---|
| 428 4TH ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL | $334,800 | 50 ft |
| 424 4TH ST S E MINNEAPOLIS MN 55414 | MANOUCHER ROSTAMKHANI | RESIDENTIAL | $292,700 | 83 ft |
| 317 5TH AVE S E MINNEAPOLIS MN 55414 | MAAMUS REAL ESTATE LLC | RESIDENTIAL-TWO UNIT | $475,500 | 89 ft |
| 422 4TH ST S E MINNEAPOLIS MN 55414 | SCOTT M JOHNSON | RESIDENTIAL-TWO UNIT | $351,300 | 116 ft |
| 311 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL | $455,100 | 140 ft |
| 420 4TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT LLC | RESIDENTIAL | $360,500 | 151 ft |
| 427 4TH ST S E MINNEAPOLIS MN 55414 | LIVE CLOSE II LLC | APARTMENT | $1,416,000 | 186 ft |
| 425 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | LIVE CLOSE II LLC | APARTMENT | $2,302,000 | 193 ft |
| 307 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL | $348,400 | 195 ft |
| 412 4TH ST S E MINNEAPOLIS MN 55414 | 412 4TH ST SE LLC | APARTMENT | $1,197,000 | 202 ft |