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 ↗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 ↗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.
9 permits on record since 2007 · $1.5M total declared value · Most recent: Mar 2019 (commercial multi-family)
Cool Air Mechanical Inc
SIGNATURE MECHANICAL INC
Core States Group
Custom Refrigeration Inc
CONSTRUCTION MECHANCIAL SERVICES
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 |
|---|---|---|---|---|
| 612 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | 600 WASHINGTON PRTNRSHP LLP | APARTMENT | $22,810,100 | 82 ft |
| 311 HARVARD ST S E MINNEAPOLIS MN 55414 | 600 WASHINGTON PRTNRSHP LLP | APARTMENT | $14,256,000 | 106 ft |
| 616 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | HSRE STATION ON WASHINGTON | APARTMENT | $2,402,000 | 130 ft |
| 308 WALNUT ST SE MINNEAPOLIS MN 55414 | HSRE STATION ON WASHINGTON | APARTMENT | $8,808,000 | 196 ft |
| 630 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | HSRE STATION ON WASHINGTON | APARTMENT | $15,481,000 | 196 ft |
| 325 HARVARD ST S E MINNEAPOLIS MN 55414 | KAPPA C ALUMNI ASSN PHI CHI | SORORITY/FRATERNITY HOUSING | $476,000 | 219 ft |
| 605 DELAWARE ST S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 226 ft |
| 615 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | COMMERCIAL-NON PREFERRED | $25,358,000 | 300 ft |
| 326 HARVARD ST S E MINNEAPOLIS MN 55414 | GRACE UNIVERSITY LUTH CHURCH | COMMERCIAL-PREFERRED | $0 | 305 ft |
| 516 DELAWARE ST S E MINNEAPOLIS MN 55455 | UNIVERSITY OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 408 ft |