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.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 34,145 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 510 4TH ST S E MINNEAPOLIS MN 55414 | KAREN WHITING TRUSTEE | APARTMENT | $569,000 | 121 ft |
| 516 4TH ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL-TWO UNIT | $435,500 | 151 ft |
| 525 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES IV LLC | APARTMENT | $3,030,500 | 191 ft |
| 317 6TH AVE S E MINNEAPOLIS MN 55414 | DUANE A & JOY A CHILGREN | APARTMENT | $575,300 | 195 ft |
| 311 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL | $455,100 | 196 ft |
| 307 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL | $348,400 | 204 ft |
| 301 5TH AVE S E MINNEAPOLIS MN 55414 | GOGOPHER RENTALS LLC | RESIDENTIAL-TWO UNIT | $478,700 | 225 ft |
| 323 6TH AVE S E MINNEAPOLIS MN 55414 | ASHMORE 323 LLC | APARTMENT | $2,475,700 | 234 ft |
| 317 5TH AVE S E MINNEAPOLIS MN 55414 | MAAMUS REAL ESTATE LLC | RESIDENTIAL-TWO UNIT | $475,500 | 236 ft |
| 432 4TH ST S E MINNEAPOLIS MN 55414 | EBULLIENT INVESTMENTS LLC | APARTMENT | $639,000 | 240 ft |
Most Recent Sale
Current Tax Year