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 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 |
|---|---|---|---|---|
| 122 GROVELAND AVE MINNEAPOLIS MN 55403 | STEVENS COMMUNITY ASSOCIATES | VACANT LAND-APARTMENT | $30,000 | 118 ft |
| 1818 LASALLE AVE MINNEAPOLIS MN 55403 | SHREE INVESTMENTS LLC | APARTMENT | $1,279,000 | 121 ft |
| 120 GROVELAND AVE MINNEAPOLIS MN 55403 | OPEN ARMS MINN INC ETAL SU/L | RESIDENTIAL-TWO UNIT | $662,800 | 155 ft |
| 1900 LASALLE AVE MINNEAPOLIS MN 55403 | 225EVENTURE LLC | RESIDENTIAL | $2,483,300 | 191 ft |
| 124 GROVELAND AVE MINNEAPOLIS MN 55403 | SALLY SMAYLING ROTHENBERG | TRIPLEX | $655,500 | 204 ft |
| 1806 LASALLE AVE MINNEAPOLIS MN 55403 | DOWNTOWN INVESTMENTS LLC | APARTMENT | $623,000 | 217 ft |
| 20 GROVELAND AVE MINNEAPOLIS MN 55403 | STEVENS COMM ASSOCIATES LTD | APARTMENT | $2,514,000 | 252 ft |
| 128 GROVELAND AVE MINNEAPOLIS MN 55403 | A J SWENSSON & B D CLARK | RESIDENTIAL | $391,000 | 255 ft |
| 1827 LASALLE AVE MINNEAPOLIS MN 55403 | MN ASSISTANCE CNL FOR VETS | APARTMENT | $0 | 257 ft |
| 1800 LASALLE AVE MINNEAPOLIS MN 55403 | JOHNTHOMAS KANG | VACANT LAND-RESIDENTIAL | $6,000 | 282 ft |