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.
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
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 small multifamily (2–4 units, wood frame) benchmarks for 1,984 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 928 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $9,801,000 | 66 ft |
| 918 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $12,029,000 | 114 ft |
| 211 10TH AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $17,819,000 | 129 ft |
| 1000 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | FLO CO FUSION LLC | APARTMENT | $20,680,000 | 234 ft |
| 1022 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE HISTORIC FLORENCE CT LLC | APARTMENT | $5,012,000 | 248 ft |
| 921 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KAPPA HOUSE CORP GAMMA PHI | SORORITY/FRATERNITY HOUSING | $696,000 | 251 ft |
| 1005 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | M E RAHN & F C RAHN JR | TRIPLEX | $860,700 | 292 ft |
| 915 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ALPHA CHI OMEGA HOUSE CORP | SORORITY/FRATERNITY HOUSING | $1,066,000 | 315 ft |
| 311 10TH AVE S E MINNEAPOLIS MN 55414 | KAPPA HOUSE CORP GAMMA PHI | SORORITY/FRATERNITY HOUSING | $514,000 | 321 ft |
| 1009 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN 1009 LLC | TRIPLEX | $532,000 | 329 ft |
Most Recent Sale
Current Tax Year