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 ↗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.
137 permits on record since 2001 · $15.6M total declared value · Most recent: May 2026 (commfdnr)
Modern Heating & Air Conditioning LLC
Modern Heating & Air Conditioning LLC
CRAWFORD MERZ LLC
NBP
CRAWFORD MERZ LLC
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 1044
Zip code 55402
Source: Redfin Data Center (Invalid Date) · Zip 55402
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 801 MARQUETTE AVE MINNEAPOLIS MN 55402 | FSP 121 SOUTH EIGHTH ST LLC | COMMERCIAL-PREFERRED | $9,899,000 | 184 ft |
| 825 MARQUETTE AVE MINNEAPOLIS MN 55402 | WMN FOSHAY LP | COMMERCIAL-NON PREFERRED | $36,260,000 | 185 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 219 ft |
| 805 2ND AVE S MINNEAPOLIS MN 55402 | ST OLAFS CATHOLIC CHRCH/MPLS | LAND-COMMERCIAL | $250,000 | 317 ft |
| 900 2ND AVE S MINNEAPOLIS MN 55402 | FORUM OFFICE REALTY LLC ETAL | COMMERCIAL-PREFERRED | $4,553,800 | 329 ft |
| 730 2ND AVE S MINNEAPOLIS MN 55402 | ST PAUL FIRE & MARINE INS CO | COMMERCIAL-PREFERRED | $6,545,800 | 350 ft |
| 901 2ND AVE S MINNEAPOLIS MN 55402 | BRIAN P SHORT TRUSTEE | LAND-COMMERCIAL | $644,800 | 368 ft |
| 222 9TH ST S MINNEAPOLIS MN 55402 | X WH REDF2-TSE TWO22 PROPCO | COMMERCIAL-NON PREFERRED | $34,260,000 | 377 ft |
| 901 MARQUETTE AVE MINNEAPOLIS MN 55402 | 901 MARQUETTE LLC | COMMERCIAL-PREFERRED | $35,000,000 | 381 ft |
| 87 8TH ST S MINNEAPOLIS MN 55402 | KERN B FONTAINE JR TRUSTEE | COMMERCIAL-PREFERRED | $5,448,000 | 396 ft |
Most Recent Sale
Current Tax Year