1901 4TH ST S E MINNEAPOLIS MN 55455

PID: 2402924440063

Property Overview

Parcel ID2402924440063

Lot Size134,479 sq ft (3.087 ac)

Lot Dimensions (est.)434 ft wide × 310 ft deep

Year Built1993

Property ClassCOMMERCIAL-PREFERRED

OwnerUNIV OF MINN

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

LIHTC 30% Basis BoostMedium

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.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

University of Minnesota · Minneapolis

Median reported rent1,696/mo

Renter-occupied100.0%

Median home value—

Vacancy rate4.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1049.01

Market Snapshot

Market data unavailable for zip code 55455.

Zoning

RM3Residence and Institutional

Residential Mixed-Use 3 — higher-density mixed residential

Typical Uses

·High-density apartments
·Mixed-use buildings
·Ground-floor retail

Max Height95 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width424 ft

Buildable depth270 ft

Area~115,794 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
510 OAK ST S E MINNEAPOLIS MN 55414	REGENTS OF UNIV OF MN	LAND-COMMERCIAL	$0	315 ft
1901 5TH ST S E MINNEAPOLIS MN 55455	THE REGENTS OF THE U OF M	LAND-COMMERCIAL	$0	316 ft
1819 4TH ST S E MINNEAPOLIS MN 55455	REGENTS U OF M	COMMERCIAL-PREFERRED	$0	404 ft
1923 UNIVERSITY AVE S E MINNEAPOLIS MN 55414	UNIV OF MINN	COMMERCIAL-PREFERRED	$0	434 ft
315 19TH AVE S E MINNEAPOLIS MN 55414	THULANIAN CLUB LLC	APARTMENT	$551,900	496 ft
1810 4TH ST S E MINNEAPOLIS MN 55455	UNIV OF MINN	LAND-COMMERCIAL	$0	505 ft
1809 5TH ST S E MINNEAPOLIS MN 55455	THE REGENTS OF UNIV OF MINN	LAND-COMMERCIAL	$0	542 ft
1901 UNIVERSITY AVE S E MINNEAPOLIS MN 55414	UNIVERSITY OF MINN	COMMERCIAL-PREFERRED	$0	553 ft
1829 UNIVERSITY AVE S E MINNEAPOLIS MN 55414	MINN ASSOC ZETA PSI INC	SORORITY/FRATERNITY HOUSING	$464,000	578 ft
545 OAK ST S E MINNEAPOLIS MN 55414	UNIVERSITY OF MN REGENTS	LAND-COMMERCIAL	$0	591 ft

Property History

Current Tax Year

Year2026

Tax Due$0