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 ↗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 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 1413 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | LAND-COMMERCIAL | $440,000 | 70 ft |
| 1411 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | COMMERCIAL-PREFERRED | $946,600 | 85 ft |
| 1408 1ST AVE S MINNEAPOLIS MN 55403 | SA STRADFORD FLATS LTD PTSHP | LOW INCOME RENTAL | $4,047,300 | 103 ft |
| 1405 NICOLLET AVE MINNEAPOLIS MN 55403 | WOODDALE CHURCH | COMMERCIAL-PREFERRED | $0 | 136 ft |
| 1406 1ST AVE S MINNEAPOLIS MN 55403 | WAMO MANAGEMENT LLC | COMMERCIAL-PREFERRED | $264,500 | 152 ft |
| 1501 NICOLLET AVE MINNEAPOLIS MN 55403 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 163 ft |
| 1401 NICOLLET AVE MINNEAPOLIS MN 55403 | TRAN HOLDINGS LLC | COMMERCIAL-PREFERRED | $788,500 | 185 ft |
| 1402 1ST AVE S MINNEAPOLIS MN 55403 | WAMO MANAGEMENT LLC | COMMERCIAL-PREFERRED | $765,200 | 193 ft |
| 1509 NICOLLET AVE MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 239 ft |
| 1508 1ST AVE S MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 266 ft |
Most Recent Sale
Current Tax Year