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 small multifamily (2–4 units, wood frame) benchmarks for 1,876 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1231 9TH ST S MINNEAPOLIS MN 55404 | CCP MINNEAPOLIS 7005 LLC | VACANT LAND-APARTMENT | $54,500 | 41 ft |
| 908 13TH AVE S MINNEAPOLIS MN 55404 | GABRIEL HIPPLE | RESIDENTIAL-TWO UNIT | $192,500 | 53 ft |
| 912 13TH AVE S MINNEAPOLIS MN 55404 | PATTI K WETTLIN | RESIDENTIAL-TWO UNIT | $362,400 | 82 ft |
| 1215 9TH ST S MINNEAPOLIS MN 55404 | CCP MINNEAPOLIS 7005 LLC | MED/CARE FACILITY | $6,660,000 | 115 ft |
| 918 13TH AVE S MINNEAPOLIS MN 55404 | CCP MINNEAPOLIS 7005 LLC | MED/CARE FACILITY | $157,700 | 134 ft |
| 901 13TH AVE S MINNEAPOLIS MN 55404 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 183 ft |
| 926 13TH AVE S MINNEAPOLIS MN 55404 | P P NACHE & J P NACHE | RESIDENTIAL-TWO UNIT | $668,200 | 213 ft |
| 1201 9TH ST S MINNEAPOLIS MN 55404 | RAJINI KATIPAMULA MALISETTI | VACANT LAND-APARTMENT | $49,500 | 227 ft |
| 1521 11TH AVE S MINNEAPOLIS MN 55404 | AUGUSTANA PROPERTIES LLC | APARTMENT | $425,700 | 255 ft |
| 1517 11TH AVE S MINNEAPOLIS MN 55404 | YIBEYIN ALEMU | TRIPLEX | $561,300 | 275 ft |
Most Recent Sale
Current Tax Year