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 1048.01
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 |
|---|---|---|---|---|
| 404 CEDAR AVE S MINNEAPOLIS MN 55454 | DIRIR PROPERTIES LLC | COMMERCIAL-PREFERRED | $615,000 | 207 ft |
| 408 CEDAR AVE S MINNEAPOLIS MN 55454 | OLUMAA L L C | COMMERCIAL-PREFERRED | $977,000 | 210 ft |
| 400 CEDAR AVE S MINNEAPOLIS MN 55454 | MASJID SHAAFICI CULTURAL CTR | COMMERCIAL-PREFERRED | $0 | 214 ft |
| 412 CEDAR AVE S MINNEAPOLIS MN 55454 | CEDAR RIVERSIDE LTD PTNRSHP | VACANT LAND-APARTMENT | $191,200 | 235 ft |
| 1511 4TH ST S MINNEAPOLIS MN 55454 | CEDAR RIVERSIDE LTD PTNRSHP | VACANT LAND-APARTMENT | $92,700 | 241 ft |
| 326 CEDAR AVE S MINNEAPOLIS MN 55454 | SUNNY S S & PAULINA K-L KWAN | RESIDENTIAL | $845,000 | 250 ft |
| 1525 4TH ST S MINNEAPOLIS MN 55454 | CEDAR RIVERSIDE LTD PTNRSHP | APARTMENT | $18,932,000 | 251 ft |
| 414 CEDAR AVE S MINNEAPOLIS MN 55454 | PETER L DODGE | COMMERCIAL-PREFERRED | $357,000 | 288 ft |
| 1507 4TH ST S MINNEAPOLIS MN 55454 | CURRIE PARK DEVELOPMENTS LLC | VACANT LAND-APARTMENT | $118,000 | 295 ft |
| 322 CEDAR AVE S MINNEAPOLIS MN 55454 | NATSA VALLEY PROPERTIES LLC | APARTMENT | $1,800,000 | 297 ft |