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 |
|---|---|---|---|---|
| 520 5TH ST S E MINNEAPOLIS MN 55414 | FIVE TWENTY LLP | APARTMENT | $702,000 | 66 ft |
| 514 5TH ST S E MINNEAPOLIS MN 55414 | 514 5TH ST SE LLC | APARTMENT | $1,407,000 | 134 ft |
| 604 5TH ST S E MINNEAPOLIS MN 55414 | SANDRA MARIE DEKKER | RESIDENTIAL | $790,000 | 161 ft |
| 405 6TH AVE S E MINNEAPOLIS MN 55414 | LIVE CLOSE LLC | APARTMENT | $1,672,000 | 165 ft |
| 521 4TH ST S E MINNEAPOLIS MN 55414 | LAKE CITY PROPERTIES LLC | APARTMENT | $624,000 | 179 ft |
| 508 5TH ST S E MINNEAPOLIS MN 55414 | P H NACHMAN & D D NACHMAN | RESIDENTIAL | $328,700 | 192 ft |
| 515 4TH ST S E MINNEAPOLIS MN 55414 | 515 LLC | APARTMENT | $1,244,000 | 213 ft |
| 505 6TH AVE S E MINNEAPOLIS MN 55414 | MICHELLE BAWIEC/ERIK PAULSON | CONDOMINIUM | $512,000 | 216 ft |
| 527 5TH ST S E MINNEAPOLIS MN 55414 | A K ROBERTS/M R ROBERTS | CONDOMINIUM | $561,000 | 216 ft |
| MN | Unknown | — | — | 216 ft |