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.
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
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,103 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 709 26TH AVE S MINNEAPOLIS MN 55454 | J R HAVERLY ET AL REV TRUST | RESIDENTIAL | $212,300 | 31 ft |
| 715 26TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $274,900 | 38 ft |
| 719 26TH AVE S MINNEAPOLIS MN 55454 | ASTER T SEBHAT | RESIDENTIAL-TWO UNIT | $301,100 | 75 ft |
| 713 26TH AVE S MINNEAPOLIS MN 55454 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 82 ft |
| 707 26TH AVE S MINNEAPOLIS MN 55454 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 88 ft |
| 2603 7TH ST S MINNEAPOLIS MN 55454 | MALIK ELATE | RESIDENTIAL-TWO UNIT | $217,400 | 99 ft |
| 2605 7TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $509,500 | 103 ft |
| 721 26TH AVE S MINNEAPOLIS MN 55454 | DANIEL L TRUCHON | RESIDENTIAL-TWO UNIT | $245,700 | 108 ft |
| 2601 7TH ST S MINNEAPOLIS MN 55454 | SERENITY HOLDINGS LLC | RESIDENTIAL | $177,300 | 112 ft |
| 723 26TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $447,200 | 149 ft |
Most Recent Sale
Current Tax Year