ParcelLens
Property Intelligence · Twin Cities
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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.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 |
|---|---|---|---|---|
| 300 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENT OF U OF MINN | LAND-COMMERCIAL | $0 | 249 ft |
| 315 CHURCH ST S E MINNEAPOLIS MN 55455 | UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 402 ft |
| 401 RIVER PKWY E MINNEAPOLIS MN 55455 | UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 453 ft |
| 351 RIVER PKWY E MINNEAPOLIS MN 55455 | REGENTS OF UNIV OF MINNESOTA | LAND-COMMERCIAL | $0 | 659 ft |
| 500 HARVARD ST S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINN | COMMERCIAL-PREFERRED | $0 | 811 ft |
Current Tax Year