ParcelLens
Property Intelligence · Twin Cities
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Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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 |
|---|---|---|---|---|
| 508 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | PK CAPITAL PARTNERS LLC | APARTMENT | $757,000 | 50 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $91,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $85,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $97,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $97,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $93,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $96,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $96,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $98,000 | 62 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $98,000 | 62 ft |