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.
4 permits on record since 2024 · $668K total declared value · Most recent: May 2024 (commfdnr)
Cities Companies, Inc.
Yellow Tree Construction Services
Budget Plumbing Corp
MINNESOTA TOTAL REFRIGERATION & HVAC SYSTEMS LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Steven's Square - Loring Heights · 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
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 |
|---|---|---|---|---|
| 1725 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 50 ft |
| 1719 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 101 ft |
| 16 18TH ST E MINNEAPOLIS MN 55403 | NICO APARTMENTS PART LLC | VACANT LAND-APARTMENT | $124,000 | 128 ft |
| 1801 NICOLLET AVE MINNEAPOLIS MN 55403 | 1801 NICOLLET LLC | COMMERCIAL-PREFERRED | $1,800,000 | 161 ft |
| 1713 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PART LLC | APARTMENT | $5,219,000 | 166 ft |
| 1702 1ST AVE S MINNEAPOLIS MN 55403 | GATEWAY COMMONS II LLC | VACANT LAND-APARTMENT | $268,500 | 180 ft |
| 1800 1ST AVE S MINNEAPOLIS MN 55403 | 1801 NICOLLET LLC | LAND-COMMERCIAL | $268,400 | 200 ft |
| 1728 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $9,250,000 | 217 ft |
| 1724 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $6,475,000 | 236 ft |
| 1804 NICOLLET AVE MINNEAPOLIS MN 55403 | TARVISIUM INVEST LLC ET AL | COMMERCIAL-PREFERRED | $2,656,000 | 245 ft |