Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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 |
|---|---|---|---|---|
| 414 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | APARTMENT | $0 | 131 ft |
| 912 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 167 ft |
| 920 DELAWARE ST S E MINNEAPOLIS MN 55414 | U OF M FOUND-ARGYLE HSE LLC | APARTMENT | $0 | 186 ft |
| 501 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 187 ft |
| 910 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 208 ft |
| 914 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 210 ft |
| 920 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 223 ft |
| 505 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 224 ft |
| 500 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 246 ft |
| 511 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 266 ft |
Current Tax Year