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.
1 permit on record since 2013 · $206 total declared value · Most recent: Aug 2013 (binb)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 5,841 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 219 10TH AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $4,901,000 | 66 ft |
| 918 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $12,029,000 | 119 ft |
| 211 10TH AVE S E MINNEAPOLIS MN 55414 | UMN BRIDGES LLC | APARTMENT | $17,819,000 | 184 ft |
| 921 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KAPPA HOUSE CORP GAMMA PHI | SORORITY/FRATERNITY HOUSING | $696,000 | 191 ft |
| 915 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ALPHA CHI OMEGA HOUSE CORP | SORORITY/FRATERNITY HOUSING | $1,066,000 | 249 ft |
| 1000 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | FLO CO FUSION LLC | APARTMENT | $20,680,000 | 259 ft |
| 311 10TH AVE S E MINNEAPOLIS MN 55414 | KAPPA HOUSE CORP GAMMA PHI | SORORITY/FRATERNITY HOUSING | $514,000 | 261 ft |
| 1005 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | M E RAHN & F C RAHN JR | TRIPLEX | $860,700 | 263 ft |
| 1022 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE HISTORIC FLORENCE CT LLC | APARTMENT | $5,012,000 | 304 ft |
| 315 10TH AVE S E MINNEAPOLIS MN 55414 | MARANATHA CHRISTIAN CH MPLS | SORORITY/FRATERNITY HOUSING | $624,000 | 308 ft |
Most Recent Sale
Current Tax Year