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 |
|---|---|---|---|---|
| 320 2ND AVE S E MINNEAPOLIS MN 55414 | HOLMES PARK VILLAGE APTS LLC | LOW INCOME RENTAL | $10,557,000 | 94 ft |
| 404 2ND AVE S E MINNEAPOLIS MN 55414 | CITY OF MPLS THROUGH PARK BD | LAND-COMMERCIAL | $0 | 223 ft |
| 322 3RD AVE S E MINNEAPOLIS MN 55414 | E WARD, C ROSSMAN TRUSTEES | RESIDENTIAL-TWO UNIT | $483,300 | 293 ft |
| 312 3RD AVE S E MINNEAPOLIS MN 55414 | C HANSON & A HANSON TRUSTEES | RESIDENTIAL-TWO UNIT | $584,400 | 322 ft |
| 124 4TH ST S E MINNEAPOLIS MN 55414 | LABOR RETREAT HOUSING PR LP | LOW INCOME RENTAL | $7,476,000 | 323 ft |
| 301 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES II LLC | APARTMENT | $2,824,400 | 357 ft |
| 310 4TH ST S E MINNEAPOLIS MN 55414 | RICHARD KEHNEMAN | RESIDENTIAL-TWO UNIT | $430,200 | 358 ft |
| 409 2ND AVE S E MINNEAPOLIS MN 55414 | HORST EDUC ASSOC LTD PTNRSHP | RESIDENTIAL-TWO UNIT | $315,500 | 364 ft |
| 200 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | WILLIAMS-EXPO LLC ET AL | APARTMENT | $6,533,000 | 389 ft |
| 119 4TH ST S E MINNEAPOLIS MN 55414 | HORST EDUCATION ASSOC LP | LAND-COMMERCIAL | $546,500 | 399 ft |