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 5,425 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 203 19TH ST E MINNEAPOLIS MN 55403 | 203 EAST 19TH STREET LLC | APARTMENT | $1,998,000 | 64 ft |
| 1915 2ND AVE S MINNEAPOLIS MN 55403 | 1915 2ND AVENUE SOUTH LLC | APARTMENT | $1,915,000 | 105 ft |
| 1906 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMMUNITY ASSOC LTD | APARTMENT | $1,657,000 | 113 ft |
| 1900 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMM ASSOCIATES LTD | APARTMENT | $1,657,000 | 116 ft |
| 1910 3RD AVE S MINNEAPOLIS MN 55404 | GISP INC | APARTMENT | $2,262,000 | 146 ft |
| 1917 2ND AVE S MINNEAPOLIS MN 55403 | VERONICA DANIELS | RESIDENTIAL | $312,600 | 150 ft |
| 1919 2ND AVE S MINNEAPOLIS MN 55403 | CONNOR MOLLOY | RESIDENTIAL | $371,500 | 182 ft |
| 1916 3RD AVE S MINNEAPOLIS MN 55404 | GLEN PAUL SANDNESS | APARTMENT | $698,000 | 191 ft |
| 143 19TH ST E MINNEAPOLIS MN 55403 | AMER IND MISKO MIIKANA LLC | APARTMENT | $0 | 219 ft |
| 1817 2ND AVE S MINNEAPOLIS MN 55403 | 1817 SECOND AVENUE LLC | APARTMENT | $5,852,000 | 233 ft |
Current Tax Year