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.
2 permits on record since 2010 · $10.8M total declared value · Most recent: Sep 2017 (roofwind)
WINDOW WORLD
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 22,115 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1030 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 144 ft |
| 1022 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE HISTORIC FLORENCE CT LLC | APARTMENT | $5,012,000 | 164 ft |
| 1009 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN 1009 LLC | TRIPLEX | $532,000 | 200 ft |
| 1005 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | M E RAHN & F C RAHN JR | TRIPLEX | $860,700 | 217 ft |
| 219 10TH AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $4,901,000 | 234 ft |
| 1015 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE FREUND HAUS LLC | APARTMENT | $792,700 | 241 ft |
| 1023 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHSIDE PROPERTIES LLC | TRIPLEX | $564,300 | 245 ft |
| 1019 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHSIDE PROPERTIES LLC | TRIPLEX | $496,000 | 253 ft |
| 928 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $9,801,000 | 259 ft |
| 1027 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHSIDE PROPERTIES LLC | TRIPLEX | $472,000 | 276 ft |
Most Recent Sale
Current Tax Year