ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2000 · $222K total declared value · Most recent: Sep 2000 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 59.02
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 2 — moderate-density 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 14,132 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 615 18TH ST E MINNEAPOLIS MN 55404 | 615-625 18TH STREET LLC | APARTMENT | $2,957,000 | 100 ft |
| 1812 PARK AVE MINNEAPOLIS MN 55404 | LIFE CENTER | COMMERCIAL-PREFERRED | $0 | 156 ft |
| 1800 PARK AVE MINNEAPOLIS MN 55404 | PERSAUD PROPERTIES MANGT INC | APARTMENT | $2,214,000 | 161 ft |
| 1818 PARK AVE MINNEAPOLIS MN 55404 | LIFE HOUSE LLC | LOW INCOME RENTAL | $1,626,000 | 222 ft |
| 611 18TH ST E MINNEAPOLIS MN 55404 | 611 REALTY LLC | TRIPLEX | $285,200 | 224 ft |
| 1829 PORTLAND AVE MINNEAPOLIS MN 55404 | RS EDEN PORTLAND VILLAGE LP | APARTMENT | $3,211,000 | 224 ft |
| 1805 PORTLAND AVE MINNEAPOLIS MN 55404 | INDIAN NGHBRHD CLUB ALC DRUG | APARTMENT | $0 | 236 ft |
| 626 19TH ST E MINNEAPOLIS MN 55404 | BRICK LLC | APARTMENT | $588,000 | 244 ft |
| 1822 PARK AVE MINNEAPOLIS MN 55404 | 1822 PARK LLC | COMMERCIAL-PREFERRED | $126,600 | 271 ft |
| 1828 PARK AVE MINNEAPOLIS MN 55404 | ESSO APARTMENTS LLC | LOW INCOME RENTAL | $1,698,000 | 323 ft |
Most Recent Sale
Current Tax Year