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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 424 2ND ST S E MINNEAPOLIS MN 55414 | NORTH MILL ST OWNER LLC | LOW INCOME RENTAL | $193,800 | 167 ft |
| 110 5TH AVE S E MINNEAPOLIS MN 55414 | BUHL SOAP LLC | INDUSTRIAL-PREFERRED | $4,840,000 | 188 ft |
| 501 MAIN ST S E MINNEAPOLIS MN 55414 | DORAN MAIN LLC | APARTMENT | $38,719,000 | 202 ft |
| 425 MAIN ST S E MINNEAPOLIS MN 55414 | DORAN MAIN II LLC | APARTMENT | $35,484,000 | 226 ft |
| 518 2ND ST S E MINNEAPOLIS MN 55414 | 520 SECOND STREET APTS L P | LOW INCOME RENTAL | $42,500 | 282 ft |
| 520 2ND ST S E MINNEAPOLIS MN 55414 | 520 SECOND STREET APTS L P | LOW INCOME RENTAL | $9,159,000 | 300 ft |
| 129 6TH AVE S E MINNEAPOLIS MN 55414 | MARTIN COMPANY | COMMERCIAL-PREFERRED | $1,030,000 | 376 ft |
| 420 MAIN ST S E MINNEAPOLIS MN 55414 | MPLS PARK BOARD | COMMERCIAL-PREFERRED | $0 | 379 ft |
| 204 5TH AVE S E MINNEAPOLIS MN 55414 | B R SOMMERS & S N GRIGGS | TRIPLEX | $415,000 | 388 ft |
| 519 2ND ST S E MINNEAPOLIS MN 55414 | FLOUR SACK FLATS CONDO ASSN | VACANT LAND-RESIDENTIAL | $2,700 | 412 ft |