210 DELAWARE ST S E MINNEAPOLIS MN 55455

PID: 2502924130005

Property Overview

Parcel ID2502924130005

Lot Size54,689 sq ft (1.255 ac)

Lot Dimensions (est.)249 ft wide × 219 ft deep

Year Built1939

Property ClassAPARTMENT

OwnerUNIV OF MINN

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

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 ↗

Potentially 4d-Eligible PropertyMedium

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 ↗

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 ↗

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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 width101 ft

Buildable depth453 ft

Area~39,683 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
351 RIVER PKWY E MINNEAPOLIS MN 55455	REGENTS OF UNIV OF MINNESOTA	LAND-COMMERCIAL	$0	210 ft
315 CHURCH ST S E MINNEAPOLIS MN 55455	UNIV OF MINN	COMMERCIAL-PREFERRED	$0	668 ft
401 CHURCH ST S E MINNEAPOLIS MN 55455	UNIV OF MINN	APARTMENT	$0	735 ft
300 ESSEX ST S E MINNEAPOLIS MN 55414	REGENT OF U OF MINN	LAND-COMMERCIAL	$0	839 ft

Property History

Current Tax Year

Year2026

Tax Due$0