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 1056
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 |
|---|---|---|---|---|
| 225 15TH ST W MINNEAPOLIS MN 55403 | GRENDAHL PARK III LLC | APARTMENT | $3,499,000 | 64 ft |
| 303 15TH ST W MINNEAPOLIS MN 55403 | LORING 307 LLC | APARTMENT | $2,800,000 | 83 ft |
| 223 15TH ST W MINNEAPOLIS MN 55403 | GRENDAHL PARK III LLC | VACANT LAND-APARTMENT | $618,600 | 131 ft |
| 248 OAK GROVE ST MINNEAPOLIS MN 55403 | OAK GROVE APT HOTEL LLP | VACANT LAND-APARTMENT | $936,200 | 161 ft |
| 219 15TH ST W MINNEAPOLIS MN 55403 | GRENDAHL PARK III LLC | VACANT LAND-APARTMENT | $394,800 | 183 ft |
| 315 15TH ST W MINNEAPOLIS MN 55403 | LORING DGS LLC | APARTMENT | $2,780,000 | 185 ft |
| 306 OAK GROVE ST MINNEAPOLIS MN 55403 | 306 OAK GROVE LLC | APARTMENT | $2,944,000 | 189 ft |
| 230 OAK GROVE ST MINNEAPOLIS MN 55403 | OAK GROVE APT HOTEL LLP | APARTMENT | $9,200,000 | 198 ft |
| 209 15TH ST W MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $1,475,000 | 231 ft |
| 316 OAK GROVE ST MINNEAPOLIS MN 55403 | LO1 LLC | APARTMENT | $8,140,000 | 247 ft |