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.
5 permits on record since 2019 · $19K total declared value · Most recent: Oct 2025 (commercial minor)
Paul Bunyan Plumbing, LLC
M GENERAL CONTRACTORS LLC
Warners Stellian Co Inc
NEW WINDOWS FOR AMERICA INC
NEW WINDOWS FOR AMERICA INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Elliot Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 59.01
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-density mixed 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 2,886 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 620 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | APARTMENT | $374,400 | 44 ft |
| 628 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 61 ft |
| 616 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | RESIDENTIAL-TWO UNIT | $365,400 | 79 ft |
| 612 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $394,800 | 114 ft |
| 632 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 124 ft |
| 623 15TH ST E MINNEAPOLIS MN 55404 | ANDREW GOKE | RESIDENTIAL | $407,000 | 138 ft |
| 619 15TH ST E MINNEAPOLIS MN 55404 | C MALIBAGO & K HINZE | RESIDENTIAL-TWO UNIT | $352,300 | 144 ft |
| 609 15TH ST E MINNEAPOLIS MN 55404 | DALE M HOWEY | VACANT LAND-APARTMENT | $117,500 | 159 ft |
| 629 15TH ST E MINNEAPOLIS MN 55404 | 629 E 15TH LLC | APARTMENT | $2,109,600 | 165 ft |
| 610 16TH ST E MINNEAPOLIS MN 55404 | TACC PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $296,800 | 167 ft |
Most Recent Sale
Current Tax Year