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 |
|---|---|---|---|---|
| 626 ONTARIO ST S E MINNEAPOLIS MN 55414 | RONALD MCDONALD HSG CH/UP/MD | VACANT LAND-APARTMENT | $0 | 127 ft |
| 627 OAK ST S E MINNEAPOLIS MN 55414 | FRIENDS OF ANSELM HOUSE | RESIDENTIAL-TWO UNIT | $0 | 149 ft |
| 609 OAK ST S E MINNEAPOLIS MN 55414 | TAIRRIE HOUSE LLC | APARTMENT | $0 | 151 ft |
| 820 FULTON ST S E MINNEAPOLIS MN 55414 | RONALD MCDONALD HSG CH/UP/MD | APARTMENT | $0 | 178 ft |
| 629 OAK ST S E MINNEAPOLIS MN 55414 | T M JACOBSEN & C JACOBSEN | RESIDENTIAL-TWO UNIT | $456,600 | 181 ft |
| 632 ONTARIO ST S E MINNEAPOLIS MN 55414 | THETA AUXILIERY EDUC ASSOC | SORORITY/FRATERNITY HOUSING | $534,000 | 215 ft |
| 631 OAK ST S E MINNEAPOLIS MN 55414 | NU SIGMA NU ALUMNI ASSOC | SORORITY/FRATERNITY HOUSING | $385,000 | 216 ft |
| 801 RIVER PKWY E MINNEAPOLIS MN 55414 | AMERICAN MEDICAL RESEARCH IN | RESIDENTIAL | $395,000 | 258 ft |
| 636 ONTARIO ST S E MINNEAPOLIS MN 55414 | WISE INVESTMENTS 2 LLC | VACANT LAND-RESIDENTIAL | $39,000 | 262 ft |
| 615 ONTARIO ST S E MINNEAPOLIS MN 55414 | FRANK BERGMAN PROPERTIES LLC | APARTMENT | $1,901,000 | 267 ft |