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 |
|---|---|---|---|---|
| 131 OAK GROVE ST MINNEAPOLIS MN 55403 | PAUL MITTELSTADT | RESIDENTIAL | $1,105,200 | 157 ft |
| 227 OAK GROVE ST MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $2,750,000 | 174 ft |
| 228 CLIFTON AVE MINNEAPOLIS MN 55403 | THE WORLD MISSION PRAYER LGE | APARTMENT | $0 | 192 ft |
| 232 CLIFTON AVE MINNEAPOLIS MN 55403 | WORLD MISSION PRAYER LEAGUE | APARTMENT | $0 | 230 ft |
| 208 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING GROVE LLC | VACANT LAND-APARTMENT | $834,100 | 242 ft |
| 200 OAK GROVE ST MINNEAPOLIS MN 55403 | C DAVID GEORGE | APARTMENT | $1,900,000 | 260 ft |
| 125 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING GROVE LLC | APARTMENT | $4,415,700 | 262 ft |
| 214 OAK GROVE ST MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $2,350,000 | 271 ft |
| 233 OAK GROVE ST MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $2,750,000 | 272 ft |
| 218 OAK GROVE ST MINNEAPOLIS MN 55403 | WM & D RAHN | APARTMENT | $2,736,000 | 289 ft |