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.
8 permits on record since 2017 · $1.2M total declared value · Most recent: Sep 2025 (roofwind)
R & R Roofing INC
Kraus-Anderson Construction
Metropolitan Mechanical Contractors Inc
Daikin Applied Americas Inc
Daikin Applied Americas Inc
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 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 |
|---|---|---|---|---|
| 14 GRANT ST E MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $7,130,000 | 130 ft |
| 1313 NICOLLET MALL MINNEAPOLIS MN 55403 | CAPP HOTEL MINNEAPOLIS LLC | COMMERCIAL-PREFERRED | $16,660,000 | 185 ft |
| 1226 MARQUETTE AVE MINNEAPOLIS MN 55403 | WESTMINSTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 228 ft |
| 101 GRANT ST E MINNEAPOLIS MN 55403 | SUBSTANCE CHURCH INC | COMMERCIAL-PREFERRED | $0 | 277 ft |
| 1333 NICOLLET MALL MINNEAPOLIS MN 55403 | BURGERTAINMENT LLC | COMMERCIAL-PREFERRED | $2,350,000 | 305 ft |
| 1221 NICOLLET MALL MINNEAPOLIS MN 55403 | WESTMINISTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 311 ft |
| 1221 NICOLLET MALL MINNEAPOLIS MN 55403 | WESTMINISTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 311 ft |
| MN | Unknown | — | — | 311 ft |
| 15 GRANT ST E MINNEAPOLIS MN 55403 | LORING TOWERS MN HOUSING L P | LOW INCOME RENTAL | $16,390,000 | 320 ft |
| 1219 MARQUETTE AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $785,700 | 331 ft |