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 38.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-density residential
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 5,668 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 316 10TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY LUTHERAN CHAPEL | COMMERCIAL-PREFERRED | $0 | 65 ft |
| 1005 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | M E RAHN & F C RAHN JR | TRIPLEX | $860,700 | 87 ft |
| 1009 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN 1009 LLC | TRIPLEX | $532,000 | 92 ft |
| 1015 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE FREUND HAUS LLC | APARTMENT | $792,700 | 105 ft |
| 1014 4TH ST S E MINNEAPOLIS MN 55414 | 1014 LLC | VACANT LAND-APARTMENT | $164,700 | 149 ft |
| 1010 4TH ST S E MINNEAPOLIS MN 55414 | UNIVERSITY LUTHERAN CHAPEL | VACANT LAND-RESIDENTIAL | $0 | 151 ft |
| 328 10TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY LUTHERAN CHAPEL | COMMERCIAL-PREFERRED | $0 | 152 ft |
| 1019 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHSIDE PROPERTIES LLC | TRIPLEX | $496,000 | 152 ft |
| 1018 4TH ST S E MINNEAPOLIS MN 55414 | 1018 4TH ST SE LLC | APARTMENT | $1,438,000 | 197 ft |
| 315 11TH AVE S E MINNEAPOLIS MN 55414 | JOY A CHILGREN | APARTMENT | $858,000 | 198 ft |
Most Recent Sale
Current Tax Year