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 1048.01
Zip code 55454
Source: Redfin Data Center (Invalid Date) · Zip 55454
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
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 |
|---|---|---|---|---|
| 504 CEDAR AVE S MINNEAPOLIS MN 55454 | ISLAMIC CIVIC SOCIETY AMERIC | COMMERCIAL-PREFERRED | $0 | 180 ft |
| 500 CEDAR AVE S MINNEAPOLIS MN 55454 | ZANZIBAR FINANCING INC | COMMERCIAL-PREFERRED | $455,000 | 214 ft |
| 510 CEDAR AVE S MINNEAPOLIS MN 55454 | BANANA PAY LLC | COMMERCIAL-PREFERRED | $1,062,000 | 229 ft |
| 1615 4TH ST S MINNEAPOLIS MN 55454 | CEDAR RIVERSIDE LTD PTNRSHP | APARTMENT | $30,342,000 | 241 ft |
| 518 CEDAR AVE S MINNEAPOLIS MN 55454 | CURRIE PARK DEVELOPMENTS LLC | LAND-COMMERCIAL | $14,100 | 300 ft |
| 420 CEDAR AVE S MINNEAPOLIS MN 55454 | CURRIE PARK DEVELOPMENTS LLC | VACANT LAND-APARTMENT | $102,900 | 322 ft |
| 416 CEDAR AVE S MINNEAPOLIS MN 55454 | MINNESOTA S T A R INC | COMMERCIAL-PREFERRED | $0 | 342 ft |
| 509 CEDAR AVE S MINNEAPOLIS MN 55454 | SHANTI PROKHAR AALOK LLC | LAND-COMMERCIAL | $75,200 | 348 ft |
| 1530 6TH ST S MINNEAPOLIS MN 55454 | CEDAR RIVERSIDE LTD PTNRSHP | APARTMENT | $18,286,000 | 350 ft |
| 507 CEDAR AVE S MINNEAPOLIS MN 55454 | SHANTI PROKHAR AALOK LLC | LAND-COMMERCIAL | $41,400 | 354 ft |