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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 622 16TH ST E MINNEAPOLIS MN 55404 | GARRETT A JOHNSON | APARTMENT | $349,200 | 61 ft |
| 632 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 62 ft |
| 620 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | APARTMENT | $374,400 | 105 ft |
| 616 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | RESIDENTIAL-TWO UNIT | $365,400 | 141 ft |
| 629 15TH ST E MINNEAPOLIS MN 55404 | 629 E 15TH LLC | APARTMENT | $2,109,600 | 141 ft |
| 623 15TH ST E MINNEAPOLIS MN 55404 | ANDREW GOKE | RESIDENTIAL | $407,000 | 149 ft |
| 1518 PARK AVE MINNEAPOLIS MN 55404 | OLIVIA MPANGA | RESIDENTIAL-TWO UNIT | $328,300 | 161 ft |
| 1520 PARK AVE MINNEAPOLIS MN 55404 | RHR PROPERTIES MGMT LLC | APARTMENT | $287,600 | 165 ft |
| 1512 PARK AVE MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $571,400 | 170 ft |
| 619 15TH ST E MINNEAPOLIS MN 55404 | C MALIBAGO & K HINZE | RESIDENTIAL-TWO UNIT | $352,300 | 172 ft |