ParcelLens
Property Intelligence · Twin Cities
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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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the Cedar-Riverside Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
No permits found in Minneapolis open data for this parcel.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 245 CEDAR AVE S MINNEAPOLIS MN 55454 | THEATRE IN THE ROUND PLAYERS | COMMERCIAL-PREFERRED | $0 | 164 ft |
| 221 CEDAR AVE S MINNEAPOLIS MN 55454 | PRESTON'S PROPERTIES LLC | APARTMENT | $2,240,000 | 184 ft |
| 1509 WASHINGTON AVE S MINNEAPOLIS MN 55454 | HUMAN DEVELOPMENT FUND | LAND-COMMERCIAL | $125,000 | 282 ft |
| 1505 WASHINGTON AVE S MINNEAPOLIS MN 55454 | DAN E PROZINSKI ET AL | RESIDENTIAL | $350,800 | 306 ft |
| 240 CEDAR AVE S MINNEAPOLIS MN 55454 | HUMAN DEVELOPMENT FUND | LAND-COMMERCIAL | $104,100 | 327 ft |
| 1501 WASHINGTON AVE S MINNEAPOLIS MN 55454 | HUMAN DEVELOPMENT FUND | COMMERCIAL-NON PREFERRED | $1,987,500 | 333 ft |
| 246 CEDAR AVE S MINNEAPOLIS MN 55454 | HUMAN DEVELOPMENT FUND | LAND-COMMERCIAL | $42,500 | 377 ft |
| 243 15TH AVE S MINNEAPOLIS MN 55454 | HUMAN DEVELOPMENT FUND | LAND-COMMERCIAL | $68,700 | 379 ft |
| 1426 WASHINGTON AVE S MINNEAPOLIS MN 55454 | TOWN HALL BREWERY PROPS LLC | COMMERCIAL-PREFERRED | $1,470,000 | 409 ft |
| 1800 WASHINGTON AVE S MINNEAPOLIS MN 55454 | 7WEST APARTMENTS LLC | APARTMENT | $43,320,000 | 410 ft |