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 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 |
|---|---|---|---|---|
| 2 MALCOLM AVE S E MINNEAPOLIS MN 55414 | KTJ 292 LLC | COMMERCIAL-PREFERRED | $1,470,000 | 150 ft |
| 415 29TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINN | LAND - INDUSTRIAL | $0 | 251 ft |
| 501 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MALCOLM STATION APTS LLC | APARTMENT | $45,638,000 | 318 ft |
| 7 MALCOLM AVE S E MINNEAPOLIS MN 55414 | METROPOLITAN COUNCIL | LAND - INDUSTRIAL | $0 | 321 ft |
| 9 MALCOLM AVE S E MINNEAPOLIS MN 55414 | SHOW HWANG | RESIDENTIAL | $247,100 | 324 ft |
| 2949 4TH ST S E MINNEAPOLIS MN 55414 | G4 PARTNERS LLC | APARTMENT | $45,081,000 | 325 ft |
| 3033 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | VLSHRE PILLARS LLC | APARTMENT | $56,287,000 | 326 ft |
| 15 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MATTHEW MOTTL & LOGAN MOTTL | APARTMENT | $551,200 | 355 ft |
| 3107 4TH ST S E MINNEAPOLIS MN 55414 | 4TH ON CAMPUS LLC | APARTMENT | $932,000 | 396 ft |
| 3001 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TEAMSTERS 3001 BLDG CORP | COMMERCIAL-PREFERRED | $2,040,000 | 420 ft |