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.
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 |
|---|---|---|---|---|
| 1811 RIVERSIDE AVE MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 104 ft |
| 405 CEDAR AVE S MINNEAPOLIS MN 55454 | HAYSIMO INVESTMENT GROUP LLC | APARTMENT | $1,630,000 | 120 ft |
| 427 CEDAR AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 120 ft |
| 1808 5TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 122 ft |
| 1810 5TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 149 ft |
| 1813 RIVERSIDE AVE MINNEAPOLIS MN 55454 | DILLAS BAR & RESTAURANT INC | COMMERCIAL-PREFERRED | $535,000 | 160 ft |
| 1819 RIVERSIDE AVE MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 166 ft |
| 416 CEDAR AVE S MINNEAPOLIS MN 55454 | MINNESOTA S T A R INC | COMMERCIAL-PREFERRED | $0 | 181 ft |
| 1801 RIVERSIDE AVE MINNEAPOLIS MN 55454 | ASSOCIATED BANK NAT'L ASSOC | COMMERCIAL-PREFERRED | $1,827,000 | 185 ft |
| 414 CEDAR AVE S MINNEAPOLIS MN 55454 | PETER L DODGE | COMMERCIAL-PREFERRED | $357,000 | 188 ft |