Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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 2003 · $800K total declared value · Most recent: Jul 2003 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
University of Minnesota · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1049.01
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Residential Mixed-Use 3 — higher-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 4,154 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1510 4TH ST S E MINNEAPOLIS MN 55414 | UNIVERSITY ON MINNESOTA | LAND-COMMERCIAL | $0 | 83 ft |
| 1521 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MINNESOTA HILLEL | COMMERCIAL-PREFERRED | $0 | 108 ft |
| 307 16TH AVE S E MINNEAPOLIS MN 55414 | SIGMA NU HOLDING ASSOCIATION | SORORITY/FRATERNITY HOUSING | $553,000 | 122 ft |
| 1515 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | NW CHI PSI ASSN OF MPLS | SORORITY/FRATERNITY HOUSING | $1,078,000 | 148 ft |
| 312 16TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 186 ft |
| 314 15TH AVE S E MINNEAPOLIS MN 55414 | SH&D PROPCO LLC | APARTMENT | $21,878,000 | 195 ft |
| 316 15TH AVE S E MINNEAPOLIS MN 55414 | SH&D PROPCO LLC | COMMERCIAL-PREFERRED | $803,000 | 212 ft |
| 330 15TH AVE S E MINNEAPOLIS MN 55414 | SH&D PROPCO LLC | COMMERCIAL-PREFERRED | $3,690,000 | 214 ft |
| 1601 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | DELTA CHI CORP | SORORITY/FRATERNITY HOUSING | $525,000 | 223 ft |
| 1501 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SH&D PROPCO LLC | COMMERCIAL-PREFERRED | $1,778,000 | 234 ft |
Most Recent Sale
Current Tax Year