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 ↗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.
3 permits on record since 2017 · $74K total declared value · Most recent: Jun 2019 (remodel)
Teran Construction LLC
Fuentes LLC
Midland HVAC LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2 — downtown frame 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 |
|---|---|---|---|---|
| 9 16TH ST E MINNEAPOLIS MN 55403 | FUENTES LLC | COMMERCIAL-PREFERRED | $0 | 70 ft |
| 1604 1ST AVE S MINNEAPOLIS MN 55403 | CENTRAL COMMNTY HSG TRST/MPL | LAND-COMMERCIAL | $3,000 | 154 ft |
| 1523 NICOLLET AVE MINNEAPOLIS MN 55403 | JAMES D WOELM | COMMERCIAL-PREFERRED | $571,700 | 165 ft |
| 1600 1ST AVE S MINNEAPOLIS MN 55403 | YOUTH HOUSING LTD PTNSHP | APARTMENT | $0 | 176 ft |
| 1500 NICOLLET AVE MINNEAPOLIS MN 55403 | MPLS LEASED HSG ASSOC IX LLP | LOW INCOME RENTAL | $32,800,000 | 202 ft |
| 1515 NICOLLET AVE MINNEAPOLIS MN 55403 | WOELM LLC | COMMERCIAL-PREFERRED | $600,700 | 212 ft |
| 1520 1ST AVE S MINNEAPOLIS MN 55403 | JAMES D WOELM | LAND-COMMERCIAL | $252,200 | 247 ft |
| 1509 NICOLLET AVE MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 258 ft |
| 15 15TH ST E MINNEAPOLIS MN 55403 | JAMES D WOELM | LAND-COMMERCIAL | $169,500 | 266 ft |
| 1508 1ST AVE S MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 305 ft |
Most Recent Sale
Current Tax Year