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.
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
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 5,034 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1801 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | LOW INCOME RENTAL | $2,114,000 | 66 ft |
| 1811 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | APARTMENT | $1,672,000 | 68 ft |
| 1806 3RD AVE S MINNEAPOLIS MN 55404 | 1806 & 1810 THIRD AVENUE LLC | LOW INCOME RENTAL | $2,330,000 | 141 ft |
| 1800 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMM ASSOCIATES LTD | APARTMENT | $2,636,000 | 156 ft |
| 1810 3RD AVE S MINNEAPOLIS MN 55404 | 1806 & 1810 THIRD AVENUE LLC | LOW INCOME RENTAL | $2,940,000 | 157 ft |
| 1817 2ND AVE S MINNEAPOLIS MN 55403 | 1817 SECOND AVENUE LLC | APARTMENT | $5,852,000 | 202 ft |
| 1724 3RD AVE S MINNEAPOLIS MN 55404 | 14 OAK GROVE LLC | APARTMENT | $2,547,000 | 232 ft |
| 1717 2ND AVE S MINNEAPOLIS MN 55403 | MINNESOTA TEEN CHALLENGE | APARTMENT | $0 | 233 ft |
| 214 19TH ST E MINNEAPOLIS MN 55403 | DARTMOUTH CASTLETON PROP LLC | APARTMENT | $5,023,000 | 247 ft |
| 1728 2ND AVE S MINNEAPOLIS MN 55403 | 1728 SEC AVE/1801 THIRD AVE | LOW INCOME RENTAL | $1,616,000 | 263 ft |
Current Tax Year