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 7,574 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1969 RIVER TER E MINNEAPOLIS MN 55414 | ALAN RICHIE & NANCY S ALCORN | RESIDENTIAL | $557,000 | 50 ft |
| 1961 RIVER TER E MINNEAPOLIS MN 55414 | M J MCCOMAS & J J MCCOMAS | RESIDENTIAL | $433,000 | 63 ft |
| 1969 RIVER TER E MINNEAPOLIS MN 55414 | SOO LINE RR | RAILROAD | $100 | 125 ft |
| 1955 RIVER TER E MINNEAPOLIS MN 55414 | DIVYA KARAN/VINAY GIDWANI | RESIDENTIAL | $619,000 | 138 ft |
| 300 CECIL ST S E MINNEAPOLIS MN 55414 | REBECCA CARRISON ET AL | RESIDENTIAL-TWO UNIT | $595,600 | 206 ft |
| 1949 RIVER TER E MINNEAPOLIS MN 55414 | JANE M SCHULZ | RESIDENTIAL | $517,200 | 213 ft |
| 1960 RIVER TER E MINNEAPOLIS MN 55414 | CLARE SAUNDERS & LEXI ROSE | RESIDENTIAL | $508,100 | 255 ft |
| 1956 RIVER TER E MINNEAPOLIS MN 55414 | SEAN EDWARD SHERMAN | RESIDENTIAL | $457,200 | 269 ft |
| 310 CECIL ST S E MINNEAPOLIS MN 55414 | HENRY GOULD & SARAH KEISLING | RESIDENTIAL-TWO UNIT | $624,400 | 281 ft |
| 1952 RIVER TER E MINNEAPOLIS MN 55414 | MARION C WARWICK | RESIDENTIAL | $461,900 | 291 ft |
Most Recent Sale
Current Tax Year