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.
2 permits on record since 2024 · $123K total declared value · Most recent: Oct 2024 (roofwind)
SINGLE PLY SYSTEM
Marsh Heating & Air Conditioning Co Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Cedar Riverside · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1048.02
Zip code 55454
Source: Redfin Data Center (Invalid Date) · Zip 55454
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 |
|---|---|---|---|---|
| 1849 WASHINGTON AVE S MINNEAPOLIS MN 55454 | WASHINGTON AVE ASSOC LLC | APARTMENT | $35,061,000 | 184 ft |
| 216 15TH AVE S MINNEAPOLIS MN 55454 | HEARTLND 7 CORNERS HOTEL LLC | LAND-COMMERCIAL | $80,300 | 233 ft |
| 1426 WASHINGTON AVE S MINNEAPOLIS MN 55454 | TOWN HALL BREWERY PROPS LLC | COMMERCIAL-PREFERRED | $1,470,000 | 237 ft |
| 1505 WASHINGTON AVE S MINNEAPOLIS MN 55454 | DAN E PROZINSKI ET AL | RESIDENTIAL | $350,800 | 250 ft |
| 1509 WASHINGTON AVE S MINNEAPOLIS MN 55454 | HUMAN DEVELOPMENT FUND | LAND-COMMERCIAL | $125,000 | 254 ft |
| 1501 WASHINGTON AVE S MINNEAPOLIS MN 55454 | HUMAN DEVELOPMENT FUND | COMMERCIAL-NON PREFERRED | $1,987,500 | 260 ft |
| 1800 WASHINGTON AVE S MINNEAPOLIS MN 55454 | 7WEST APARTMENTS LLC | APARTMENT | $43,320,000 | 262 ft |
| 245 CEDAR AVE S MINNEAPOLIS MN 55454 | THEATRE IN THE ROUND PLAYERS | COMMERCIAL-PREFERRED | $0 | 262 ft |
| 1420 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FOUNDATION FOR ARTS RESOURCE | COMMERCIAL-PREFERRED | $0 | 295 ft |
| 1429 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | RESIDENTIAL | $577,000 | 308 ft |