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.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 1601 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | DELTA CHI CORP | SORORITY/FRATERNITY HOUSING | $525,000 | 83 ft |
| 1609 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MINN BETA CORP | SORORITY/FRATERNITY HOUSING | $472,000 | 90 ft |
| 320 16TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF U OF MINN | LAND-COMMERCIAL | $0 | 130 ft |
| 1617 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SIGMA CHI BUILDING ASSOC INC | SORORITY/FRATERNITY HOUSING | $524,000 | 145 ft |
| 307 16TH AVE S E MINNEAPOLIS MN 55414 | SIGMA NU HOLDING ASSOCIATION | SORORITY/FRATERNITY HOUSING | $553,000 | 161 ft |
| 315 16TH AVE S E MINNEAPOLIS MN 55414 | SEGWAY MINISTRIES | SORORITY/FRATERNITY HOUSING | $788,000 | 186 ft |
| 1623 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SIGMA CHI BLDG ASSOCIATION | SORORITY/FRATERNITY HOUSING | $392,000 | 206 ft |
| 1521 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MINNESOTA HILLEL | COMMERCIAL-PREFERRED | $0 | 213 ft |
| 1618 4TH ST S E MINNEAPOLIS MN 55455 | UNIVERSITY EPISCOPAL COMM | VACANT LAND-APARTMENT | $0 | 234 ft |
| 317 17TH AVE S E MINNEAPOLIS MN 55414 | UNIV EPISCOPAL CTR & LCMM | APARTMENT | $0 | 251 ft |