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 ↗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.
27 permits on record since 2001 · $14.1M total declared value · Most recent: Aug 2025 (commercial minor)
Metropolitan Mechanical Contractors
Mortenson Construction
Metropolitan Mechanical Contractors Inc
Metropolitan Mechanical Contractors Inc
MA MORTENSON DEV INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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.
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 |
|---|---|---|---|---|
| 599 25TH AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HEALTH SERVICES | COMMERCIAL-PREFERRED | $0 | 151 ft |
| 701 25TH AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HEALTH SERVICES | COMMERCIAL-PREFERRED | $9,200,000 | 282 ft |
| 2500 6TH ST S MINNEAPOLIS MN 55454 | FAIRVIEW HEALTH SERVICES | COMMERCIAL-PREFERRED | $0 | 286 ft |
| 2601 6TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $407,000 | 292 ft |
| 2600 7TH ST S MINNEAPOLIS MN 55454 | P M FERGUSON & K M FERGUSON | RESIDENTIAL | $194,100 | 299 ft |
| 2605 6TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $375,900 | 331 ft |
| 2604 7TH ST S MINNEAPOLIS MN 55454 | T R FLESHER & K A FLESHER | RESIDENTIAL | $264,200 | 338 ft |
| 717 25TH AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HLTHCARE SERV | COMMERCIAL-PREFERRED | $424,400 | 357 ft |
| 2601 7TH ST S MINNEAPOLIS MN 55454 | SERENITY HOLDINGS LLC | RESIDENTIAL | $177,300 | 366 ft |
| 2609 6TH ST S MINNEAPOLIS MN 55454 | HALEY BEGORDIS | CONDOMINIUM | $175,000 | 370 ft |