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 ↗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 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
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 |
|---|---|---|---|---|
| 424 FRANKLIN AVE W MINNEAPOLIS MN 55405 | LEWIS CALEB BROWN | TRIPLEX | $448,600 | 50 ft |
| 400 FRANKLIN AVE W MINNEAPOLIS MN 55405 | JONATHAN NEMANI/DAVID NEMANI | APARTMENT | $850,000 | 52 ft |
| 428 FRANKLIN AVE W MINNEAPOLIS MN 55405 | JCDMTC LLC | RESIDENTIAL-TWO UNIT | $625,900 | 103 ft |
| 318 FRANKLIN AVE W MINNEAPOLIS MN 55404 | DANTE DESERANNO | RESIDENTIAL | $558,000 | 114 ft |
| 401 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 401 RIDGEWOOD HEIGHTS LLC | CONDOMINIUM | $140,000 | 135 ft |
| 401 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 401 RIDGEWOOD HEIGHTS LLC | CONDOMINIUM | $151,000 | 135 ft |
| 401 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 401 RIDGEWOOD HEIGHTS LLC | CONDOMINIUM | $121,000 | 135 ft |
| 401 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 401 RIDGEWOOD HEIGHTS LLC | CONDOMINIUM | $140,000 | 135 ft |
| 401 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 401 RIDGEWOOD HEIGHTS LLC | CONDOMINIUM | $154,000 | 135 ft |
| 401 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 401 RIDGEWOOD HEIGHTS LLC | CONDOMINIUM | $129,000 | 135 ft |