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.
6 permits on record since 2025 · Most recent: Feb 2026 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Urban Neighborhood 2 — moderate-density 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.
Back-of-envelope estimate based on sfr / adu benchmarks for 1,134 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 206 WARWICK ST SE MINNEAPOLIS MN 55414 | E A HOFSTAD & R J RENTZEL | RESIDENTIAL-TWO UNIT | $557,200 | 50 ft |
| 210 WARWICK ST SE MINNEAPOLIS MN 55414 | CHARLES MIOTKE | RESIDENTIAL-TWO UNIT | $505,400 | 100 ft |
| 1915 SHARON AVE S E MINNEAPOLIS MN 55414 | KARI BIBLE | RESIDENTIAL-TWO UNIT | $441,000 | 107 ft |
| 201 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | HENNEPIN FORFEITED LAND | LAND-COMMERCIAL | $0 | 138 ft |
| 214 WARWICK ST SE MINNEAPOLIS MN 55414 | A M VILLELLA & D V LARSON | RESIDENTIAL-TWO UNIT | $388,700 | 149 ft |
| 142 WARWICK ST SE MINNEAPOLIS MN 55414 | CHARLES BORRELL | RESIDENTIAL | $188,100 | 149 ft |
| 1907 SHARON AVE S E MINNEAPOLIS MN 55414 | A B DANIEL & M A HOPP | RESIDENTIAL | $359,000 | 178 ft |
| 2000 SHARON AVE S E MINNEAPOLIS MN 55414 | RCF APARTMENTS LLC | APARTMENT | $1,177,000 | 186 ft |
| 203 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | HENNEPIN FORFEITED LAND | LAND-COMMERCIAL | $0 | 187 ft |
| 138 WARWICK ST SE MINNEAPOLIS MN 55414 | SUZANNE KOSMALSKI | RESIDENTIAL | $420,900 | 196 ft |
Most Recent Sale
Current Tax Year