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.
1 permit on record since 2025 · $9K total declared value · Most recent: Aug 2025 (roofwind)
ASHTON MCGEE RESTORATION GROUP 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 1057
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 |
|---|---|---|---|---|
| 12 FRANKLIN AVE E MINNEAPOLIS MN 55404 | EMSD PROPERTIES LLC | COMMERCIAL-PREFERRED | $436,000 | 67 ft |
| 1920 1ST AVE S MINNEAPOLIS MN 55403 | GONZALO A BASCUR | TRIPLEX | $411,100 | 81 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | B KINNING & D J KINNING | CONDOMINIUM | $146,000 | 129 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | KENNETH R WIK | CONDOMINIUM | $139,000 | 129 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | DIANE TVEDT | CONDOMINIUM | $139,000 | 129 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | JOYCE M STONE LIVING TRUST | CONDOMINIUM | $139,000 | 129 ft |
| MN | Unknown | — | — | 129 ft |
| 1929 NICOLLET AVE MINNEAPOLIS MN 55403 | FIRST AVE PROP OF MPLS LLC | COMMERCIAL-PREFERRED | $1,100,000 | 154 ft |
| 1931 1ST AVE S MINNEAPOLIS MN 55403 | CHIKE O & JOYCE T ONYEKABA | RESIDENTIAL | $724,000 | 163 ft |
| 1919 NICOLLET AVE MINNEAPOLIS MN 55403 | FAMILY TREE RL EST HLDG LLC | COMMERCIAL-PREFERRED | $0 | 165 ft |