On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Marcy Holmes · 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
Residential Mixed-Use 1 — low-density mixed 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 9,490 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 419 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 419 UNIVERSITY AVE SE L L C | RESIDENTIAL | $325,800 | 62 ft |
| 307 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL | $348,400 | 88 ft |
| 311 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL | $455,100 | 91 ft |
| 417 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | RYAN & ALICIA KING | RESIDENTIAL-TWO UNIT | $399,800 | 100 ft |
| 317 5TH AVE S E MINNEAPOLIS MN 55414 | MAAMUS REAL ESTATE LLC | RESIDENTIAL-TWO UNIT | $475,500 | 104 ft |
| 301 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL-TWO UNIT | $478,700 | 115 ft |
| 409 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 409 UNIVERSITY LLC | APARTMENT | $2,504,200 | 166 ft |
| 420 4TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT LLC | RESIDENTIAL | $360,500 | 169 ft |
| 424 4TH ST S E MINNEAPOLIS MN 55414 | MANOUCHER ROSTAMKHANI | RESIDENTIAL | $292,700 | 174 ft |
| 428 4TH ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL | $334,800 | 176 ft |
Most Recent Sale
Current Tax Year