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.
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
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 |
|---|---|---|---|---|
| 1417 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | LAND-COMMERCIAL | $301,800 | 125 ft |
| 1421 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | LAND-COMMERCIAL | $31,400 | 134 ft |
| 245 14TH AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | LAND-COMMERCIAL | $90,300 | 151 ft |
| 242 15TH AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | LAND-COMMERCIAL | $41,400 | 155 ft |
| 1419 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | RESIDENTIAL-TWO UNIT | $667,000 | 174 ft |
| 1425 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | LAND-COMMERCIAL | $47,700 | 181 ft |
| 1423 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | RESIDENTIAL | $491,000 | 186 ft |
| 1413 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | RESIDENTIAL | $376,000 | 219 ft |
| 1421 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | COMMERCIAL-PREFERRED | $387,000 | 220 ft |
| 1407 WASHINGTON AVE S MINNEAPOLIS MN 55454 | FIRST WESTERN BANK & TRUST | COMMERCIAL-PREFERRED | $1,056,000 | 231 ft |