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 ↗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
Urban Neighborhood 2 — moderate-density residential
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 small multifamily (2–4 units, wood frame) benchmarks for 11,412 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1949 RIVER TER E MINNEAPOLIS MN 55414 | JANE M SCHULZ | RESIDENTIAL | $517,200 | 87 ft |
| 1933 RIVER TER E MINNEAPOLIS MN 55414 | P A CUMBIE & S M DOYLE | RESIDENTIAL | $647,000 | 97 ft |
| 1955 RIVER TER E MINNEAPOLIS MN 55414 | DIVYA KARAN/VINAY GIDWANI | RESIDENTIAL | $619,000 | 163 ft |
| 1927 RIVER TER E MINNEAPOLIS MN 55414 | T E KILBURN & P G THOMSON TR | RESIDENTIAL-TWO UNIT | $611,400 | 192 ft |
| 1940 RIVER TER E MINNEAPOLIS MN 55414 | JHNA E LUNDIN TRUST AGR | RESIDENTIAL | $567,700 | 221 ft |
| 1944 RIVER TER E MINNEAPOLIS MN 55414 | SUSAN M ROHDE | RESIDENTIAL | $598,000 | 223 ft |
| 1932 RIVER TER E MINNEAPOLIS MN 55414 | S PRIEST/C PRIEST & J PRIEST | RESIDENTIAL | $557,000 | 238 ft |
| 1961 RIVER TER E MINNEAPOLIS MN 55414 | M J MCCOMAS & J J MCCOMAS | RESIDENTIAL | $433,000 | 238 ft |
| 1948 RIVER TER E MINNEAPOLIS MN 55414 | CRISTINA SANTOS & JOHN V VIK | RESIDENTIAL | $420,000 | 241 ft |
| 1928 RIVER TER E MINNEAPOLIS MN 55414 | MARIANNA B PRIEST | RESIDENTIAL | $542,800 | 265 ft |
Most Recent Sale
Current Tax Year