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 1049.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 509 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 66 ft |
| 1010 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 78 ft |
| 500 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 112 ft |
| 513 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 131 ft |
| 1014 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 151 ft |
| 920 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 161 ft |
| 521 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 178 ft |
| 512 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 200 ft |
| 1018 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 201 ft |
| 914 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 210 ft |
Most Recent Sale
Current Tax Year