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.
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 |
|---|---|---|---|---|
| 330 OAK GROVE ST MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | APARTMENT | $8,246,500 | 102 ft |
| 316 OAK GROVE ST MINNEAPOLIS MN 55403 | LO1 LLC | APARTMENT | $8,140,000 | 108 ft |
| 325 15TH ST W MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | VACANT LAND-APARTMENT | $733,700 | 130 ft |
| 315 15TH ST W MINNEAPOLIS MN 55403 | LORING DGS LLC | APARTMENT | $2,780,000 | 165 ft |
| 344 OAK GROVE ST MINNEAPOLIS MN 55403 | WOMENS CLUB OF MPLS | COMMUNITY ORG NON REVENUE | $1,067,600 | 177 ft |
| 333 OAK GROVE ST MINNEAPOLIS MN 55403 | DAVID J LUNDSTROM | APARTMENT | $4,449,000 | 199 ft |
| 306 OAK GROVE ST MINNEAPOLIS MN 55403 | 306 OAK GROVE LLC | APARTMENT | $2,944,000 | 208 ft |
| 317 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 209 ft |
| 315 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 226 ft |
| 303 15TH ST W MINNEAPOLIS MN 55403 | LORING 307 LLC | APARTMENT | $2,800,000 | 249 ft |