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.
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
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 |
|---|---|---|---|---|
| 417 12TH AVE S E MINNEAPOLIS MN 55414 | SHONGTAO DAI & YI CHEN | RESIDENTIAL | $271,900 | 48 ft |
| 1127 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $785,000 | 83 ft |
| 425 12TH AVE S E MINNEAPOLIS MN 55414 | VICTOR T Y CHAN REV TRET AL | RESIDENTIAL-TWO UNIT | $282,700 | 86 ft |
| 1119 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $7,700,700 | 88 ft |
| 1120 5TH ST S E MINNEAPOLIS MN 55414 | CAMPUS CRUSADE CHRIST INTL | RESIDENTIAL-TWO UNIT | $416,800 | 127 ft |
| 1115 4TH ST S E MINNEAPOLIS MN 55414 | 1107,1111,1115 4TH ST SE LLC | RESIDENTIAL | $446,000 | 134 ft |
| 1126 5TH ST S E MINNEAPOLIS MN 55414 | GAMMA GAMMA ALUMNI ASSN | SORORITY/FRATERNITY HOUSING | $609,000 | 146 ft |
| 1116 5TH ST S E MINNEAPOLIS MN 55414 | ALPHA KAPPA PSI HOUSE CORP | SORORITY/FRATERNITY HOUSING | $694,000 | 171 ft |
| 1111 4TH ST S E MINNEAPOLIS MN 55414 | 1107,1111,1115 4TH ST SE LLC | APARTMENT | $555,000 | 174 ft |
| 406 12TH AVE S E MINNEAPOLIS MN 55414 | 412L PROPCO LLC | APARTMENT | $23,754,000 | 179 ft |