ParcelLens
Property Intelligence · Twin Cities
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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 1256
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 |
|---|---|---|---|---|
| 59 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | T J LEIVERMANN & T HANKS | RESIDENTIAL | $414,400 | 43 ft |
| 51 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MELBOURNE PROPERTIES LLC | APARTMENT | $588,000 | 50 ft |
| 61 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | ANDREW S THIBODEAU | RESIDENTIAL | $383,800 | 81 ft |
| 49 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | BRIAN J MALLOY | RESIDENTIAL | $387,700 | 100 ft |
| 65 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | J A BREKKE & J WALDEN | RESIDENTIAL | $420,900 | 117 ft |
| 2003 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | A MEIER & S WERNER | RESIDENTIAL | $478,100 | 141 ft |
| 2007 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | S M WILLGING & K L WELLS | RESIDENTIAL | $302,200 | 146 ft |
| 43 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | GINA FRUNCILLO | RESIDENTIAL-TWO UNIT | $558,600 | 150 ft |
| 2001 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | SETH EVERETT WERNER | VACANT LAND-RESIDENTIAL | $138,000 | 150 ft |
| 69 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | 017-2 IH BORROWER L P | RESIDENTIAL | $372,600 | 154 ft |