ParcelLens
Property Intelligence · Twin Cities
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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.
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 11,296 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 417 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | RYAN & ALICIA KING | RESIDENTIAL-TWO UNIT | $399,800 | 67 ft |
| 401 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | STONE ARCH WAY LLC | APARTMENT | $6,719,000 | 83 ft |
| 419 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 419 UNIVERSITY AVE SE L L C | RESIDENTIAL | $325,800 | 111 ft |
| 425 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | LIVE CLOSE II LLC | APARTMENT | $2,302,000 | 166 ft |
| 408 4TH ST S E MINNEAPOLIS MN 55414 | 408 4TH ST SE LLC | APARTMENT | $3,490,000 | 166 ft |
| 412 4TH ST S E MINNEAPOLIS MN 55414 | 412 4TH ST SE LLC | APARTMENT | $1,197,000 | 173 ft |
| 316 4TH AVE S E MINNEAPOLIS MN 55414 | IGLESIA CRISTIANA ALFA Y OME | COMMERCIAL-PREFERRED | $0 | 183 ft |
| 420 4TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT LLC | RESIDENTIAL | $360,500 | 204 ft |
| 327 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 327 UNIVERSITY LLC | APARTMENT | $1,570,000 | 229 ft |
| 422 4TH ST S E MINNEAPOLIS MN 55414 | SCOTT M JOHNSON | RESIDENTIAL-TWO UNIT | $351,300 | 236 ft |
Most Recent Sale
Current Tax Year