Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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.
1 permit on record since 2025 · $37K total declared value · Most recent: Oct 2025 (roofwind)
QUALITY TRUSTED COMMERCIAL CONSTRUCTION & ROOFING
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
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 |
|---|---|---|---|---|
| 508 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | NUWAY ALLIANCE | APARTMENT | $1,115,000 | 95 ft |
| 528 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MAPLE STREET PARTNERS LLC | COMMERCIAL-PREFERRED | $1,714,000 | 99 ft |
| 210 5TH AVE S E MINNEAPOLIS MN 55414 | LEON LONSTEIN | RESIDENTIAL | $410,800 | 156 ft |
| 504 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SCOTT MAIER & CORRIN MAIER | RESIDENTIAL-TWO UNIT | $501,700 | 164 ft |
| 216 5TH AVE S E MINNEAPOLIS MN 55414 | JACOB NELSON | RESIDENTIAL | $328,400 | 165 ft |
| 521 2ND ST S E MINNEAPOLIS MN 55414 | WILLIAM POWELL | CONDOMINIUM | $338,000 | 169 ft |
| 521 2ND ST S E MINNEAPOLIS MN 55414 | SUSAN MICHELLE LEE | CONDOMINIUM | $334,800 | 169 ft |
| 521 2ND ST S E MINNEAPOLIS MN 55414 | TARALYN SAYLER/SHANE SAYLER | CONDOMINIUM | $286,200 | 169 ft |
| 521 2ND ST S E MINNEAPOLIS MN 55414 | SHELDON N TANG REV TRUST | CONDOMINIUM | $277,600 | 169 ft |
| 521 2ND ST S E MINNEAPOLIS MN 55414 | BLAKE ALEXANDER | CONDOMINIUM | $367,200 | 169 ft |