On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗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 1057
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 |
|---|---|---|---|---|
| 1719 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 66 ft |
| 16 18TH ST E MINNEAPOLIS MN 55403 | NICO APARTMENTS PART LLC | VACANT LAND-APARTMENT | $124,000 | 87 ft |
| 1725 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 116 ft |
| 1702 1ST AVE S MINNEAPOLIS MN 55403 | GATEWAY COMMONS II LLC | VACANT LAND-APARTMENT | $268,500 | 141 ft |
| 1735 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 166 ft |
| 1724 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $6,475,000 | 239 ft |
| 1728 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $9,250,000 | 265 ft |
| 1801 NICOLLET AVE MINNEAPOLIS MN 55403 | 1801 NICOLLET LLC | COMMERCIAL-PREFERRED | $1,800,000 | 327 ft |
| 1800 1ST AVE S MINNEAPOLIS MN 55403 | 1801 NICOLLET LLC | LAND-COMMERCIAL | $268,400 | 346 ft |
| 1804 NICOLLET AVE MINNEAPOLIS MN 55403 | TARVISIUM INVEST LLC ET AL | COMMERCIAL-PREFERRED | $2,656,000 | 359 ft |