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 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 3-story wood frame (5–12 units) benchmarks for 3,837 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 611 16TH ST E MINNEAPOLIS MN 55404 | MARIANA SCOTT | CONDOMINIUM | $154,000 | 67 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SPENCER CASTRO | CONDOMINIUM | $131,000 | 67 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | RODOLFO A TRUJILLO | CONDOMINIUM | $176,000 | 67 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SCOTT NELSON/TANYA NELSON | CONDOMINIUM | $132,000 | 67 ft |
| MN | Unknown | — | — | 67 ft |
| 1609 PORTLAND AVE MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 119 ft |
| 625 16TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CARE CENTER | MED/CARE FACILITY | $0 | 122 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | GLEN M JOHNSON | CONDOMINIUM | $127,000 | 134 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | LEROY ELLSWORTH SMITH | CONDOMINIUM | $133,000 | 134 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | BENJAMIN VANDENBELT | CONDOMINIUM | $128,000 | 134 ft |
Most Recent Sale
Current Tax Year