ParcelLens
Property Intelligence · Twin Cities
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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.
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
Market data unavailable for zip code 55455.
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 331 17TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY EPISCOPAL CENTER | VACANT LAND-APARTMENT | $0 | 67 ft |
| 317 17TH AVE S E MINNEAPOLIS MN 55414 | UNIV EPISCOPAL CTR & LCMM | APARTMENT | $0 | 103 ft |
| 320 16TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF U OF MINN | LAND-COMMERCIAL | $0 | 132 ft |
| 1617 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SIGMA CHI BUILDING ASSOC INC | SORORITY/FRATERNITY HOUSING | $524,000 | 182 ft |
| 1623 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SIGMA CHI BLDG ASSOCIATION | SORORITY/FRATERNITY HOUSING | $392,000 | 185 ft |
| 1625 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | BETA THETA PI SOC | SORORITY/FRATERNITY HOUSING | $468,000 | 216 ft |
| 1609 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MINN BETA CORP | SORORITY/FRATERNITY HOUSING | $472,000 | 219 ft |
| 312 16TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 234 ft |
| 1701 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | APARTMENT | $0 | 270 ft |
| 1601 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | DELTA CHI CORP | SORORITY/FRATERNITY HOUSING | $525,000 | 281 ft |
Current Tax Year