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
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 |
|---|---|---|---|---|
| 1024 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $14,940,000 | 108 ft |
| 1025 DELAWARE ST S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $20,750,000 | 143 ft |
| 1032 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $4,150,000 | 195 ft |
| 2408 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $9,130,000 | 220 ft |
| 2418 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HOSSEIN AZHAKH | COMMERCIAL-PREFERRED | $1,470,000 | 250 ft |
| 201 25TH AVE S E MINNEAPOLIS MN 55414 | H A PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,073,000 | 252 ft |
| 2324 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 266 ft |
| 2424 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TIAM A LLC | COMMERCIAL-PREFERRED | $1,330,000 | 324 ft |
| 900 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | U OF M FNDTN DINNAKEN HOUSE | APARTMENT | $0 | 343 ft |
| 925 DELAWARE ST S E MINNEAPOLIS MN 55414 | U/M FNDTN DINNAKEN OFFC BLDG | COMMERCIAL-PREFERRED | $0 | 358 ft |