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 |
|---|---|---|---|---|
| 516 4TH ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL-TWO UNIT | $435,500 | 53 ft |
| 330 5TH AVE S E MINNEAPOLIS MN 55414 | WEST VIK PROPERTIES LLC | APARTMENT | $4,096,000 | 121 ft |
| 323 6TH AVE S E MINNEAPOLIS MN 55414 | ASHMORE 323 LLC | APARTMENT | $2,475,700 | 140 ft |
| 317 6TH AVE S E MINNEAPOLIS MN 55414 | DUANE A & JOY A CHILGREN | APARTMENT | $575,300 | 145 ft |
| 525 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES IV LLC | APARTMENT | $3,030,500 | 212 ft |
| 501 4TH ST S E MINNEAPOLIS MN 55414 | M F BURNS & E J OSTERMEIER | RESIDENTIAL | $627,800 | 236 ft |
| 515 4TH ST S E MINNEAPOLIS MN 55414 | 515 LLC | APARTMENT | $1,244,000 | 247 ft |
| 507 4TH ST S E MINNEAPOLIS MN 55414 | 507 LLC | APARTMENT | $1,152,000 | 248 ft |
| 432 4TH ST S E MINNEAPOLIS MN 55414 | EBULLIENT INVESTMENTS LLC | APARTMENT | $639,000 | 248 ft |
| 521 4TH ST S E MINNEAPOLIS MN 55414 | LAKE CITY PROPERTIES LLC | APARTMENT | $624,000 | 264 ft |