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 2025 · $239K total declared value · Most recent: May 2025 (roofwind)
Champion Contractors & Services
Champion Contractors & Services
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
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 724 20TH AVE S MINNEAPOLIS MN 55454 | AHMED MAHAMED & DEQA ADAN | RESIDENTIAL | $239,000 | 266 ft |
| 720 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $256,600 | 269 ft |
| 818 21ST AVE S MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | LAND-COMMERCIAL | $0 | 272 ft |
| 1926 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $379,600 | 294 ft |
| 716 20TH AVE S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $76,000 | 301 ft |
| 712 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $375,600 | 331 ft |
| 706 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $538,000 | 336 ft |
| 1924 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $328,400 | 345 ft |
| 1908 8TH ST S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $16,900 | 357 ft |
| 800 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 372 ft |
Current Tax Year