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 2010 · $1.0M total declared value · Most recent: Mar 2010 (binb)
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 38.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Residential Mixed-Use 1 — low-density mixed 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 5,876 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1019 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHSIDE PROPERTIES LLC | TRIPLEX | $496,000 | 50 ft |
| 1009 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN 1009 LLC | TRIPLEX | $532,000 | 68 ft |
| 1023 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHSIDE PROPERTIES LLC | TRIPLEX | $564,300 | 96 ft |
| 314 10TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN 314 LLC | TRIPLEX | $756,200 | 105 ft |
| 1005 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | M E RAHN & F C RAHN JR | TRIPLEX | $860,700 | 127 ft |
| 311 11TH AVE S E MINNEAPOLIS MN 55414 | CHARLES T CHEN | TRIPLEX | $463,000 | 130 ft |
| 315 11TH AVE S E MINNEAPOLIS MN 55414 | JOY A CHILGREN | APARTMENT | $858,000 | 143 ft |
| 1027 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHSIDE PROPERTIES LLC | TRIPLEX | $472,000 | 144 ft |
| 316 10TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY LUTHERAN CHAPEL | COMMERCIAL-PREFERRED | $0 | 148 ft |
| 1014 4TH ST S E MINNEAPOLIS MN 55414 | 1014 LLC | VACANT LAND-APARTMENT | $164,700 | 167 ft |
Most Recent Sale
Current Tax Year