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 |
|---|---|---|---|---|
| 1311 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | PRIOR LAKE LLC | RESIDENTIAL-TWO UNIT | $202,300 | 19 ft |
| 838 THORNTON ST S E MINNEAPOLIS MN 55414 | ISAAC KARLEY/MICHAEL HARRIS | VACANT LAND-RESIDENTIAL | $125,000 | 44 ft |
| 836 THORNTON ST S E MINNEAPOLIS MN 55414 | JOANNA BAME | RESIDENTIAL-TWO UNIT | $470,000 | 81 ft |
| 834 THORNTON ST S E MINNEAPOLIS MN 55414 | JOANNA BAME | TRIPLEX | $467,900 | 119 ft |
| 1307 RIVER PKWY E MINNEAPOLIS MN 55414 | J BUPP & R H BUPP | RESIDENTIAL | $875,000 | 122 ft |
| 830 THORNTON ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 148 ft |
| 4 27TH AVE S E MINNEAPOLIS MN 55414 | DAVID L JOHNSON | COMMERCIAL-PREFERRED | $644,000 | 148 ft |
| 12 27TH AVE S E MINNEAPOLIS MN 55414 | MABEL Y GARMERS | RESIDENTIAL | $700,000 | 192 ft |
| 916 THORNTON ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS PARK BOARD | LAND-COMMERCIAL | $0 | 213 ft |
| MN | Unknown | — | — | 222 ft |