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.
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 |
|---|---|---|---|---|
| 601 27TH AVE S E MINNEAPOLIS MN 55414 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 224 ft |
| 44 ST MARYS AVE MINNEAPOLIS MN 55414 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 278 ft |
| 2838 DELAWARE ST S E MINNEAPOLIS MN 55414 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 340 ft |
| 117 27TH AVE S E MINNEAPOLIS MN 55414 | 117 27TH AVE LLC | APARTMENT | $43,461,000 | 381 ft |
| 133 27TH AVE S E MINNEAPOLIS MN 55414 | MARK D PARTEN & JULIE PARTEN | TRIPLEX | $930,800 | 401 ft |
| 2630 ESSEX ST S E MINNEAPOLIS MN 55414 | J2 CATAPULT LLC | APARTMENT | $4,300,000 | 421 ft |
| 701 27TH AVE S E MINNEAPOLIS MN 55414 | PAUL FLESSLAND | VACANT LAND-RESIDENTIAL | $0 | 464 ft |
| 2624 ESSEX ST S E MINNEAPOLIS MN 55414 | 2624 ESSEX PARTNERS LLC | APARTMENT | $1,473,000 | 469 ft |
| 106 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ANDREW B MICKEL | RESIDENTIAL | $497,500 | 487 ft |
| 102 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MEACHAM FAMILY 2017 TRUST | RESIDENTIAL | $375,000 | 494 ft |