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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 727 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $166,000 | 202 ft |
| 1601 PARK AVE MINNEAPOLIS MN 55404 | VISIONBANK | RESIDENTIAL | $589,800 | 242 ft |
| 1421 PARK AVE MINNEAPOLIS MN 55404 | REALTY EA LLC | COMMERCIAL-PREFERRED | $491,400 | 246 ft |
| 731 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $166,200 | 252 ft |
| 712 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $103,700 | 254 ft |
| 714 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $81,000 | 255 ft |
| 710 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $64,800 | 256 ft |
| 716 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $0 | 258 ft |
| 720 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $0 | 268 ft |
| 715 16TH ST E MINNEAPOLIS MN 55404 | ALLIANCE LTD PARTNERSHIP | VACANT LAND-APARTMENT | $198,400 | 274 ft |
Current Tax Year