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 1069
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 |
|---|---|---|---|---|
| 2005 2ND AVE S MINNEAPOLIS MN 55404 | DAVID J KORTZ | TRIPLEX | $588,700 | 61 ft |
| 2011 2ND AVE S MINNEAPOLIS MN 55404 | 2101 THIRD AVENUE LLC | APARTMENT | $476,000 | 111 ft |
| 2000 3RD AVE S MINNEAPOLIS MN 55404 | WARSAME PETROLEUM LLC | COMMERCIAL-PREFERRED | $654,000 | 149 ft |
| 2015 2ND AVE S MINNEAPOLIS MN 55404 | E E NAFZGER & S K NAFZGER | APARTMENT | $432,000 | 161 ft |
| 1925 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | APARTMENT | $1,417,000 | 174 ft |
| 137 FRANKLIN AVE E MINNEAPOLIS MN 55404 | EGAL PROPERTY LLC | COMMERCIAL-PREFERRED | $500,000 | 187 ft |
| 2006 2ND AVE S MINNEAPOLIS MN 55404 | AUDREY DUNCAN | TRIPLEX | $590,700 | 197 ft |
| 1926 3RD AVE S MINNEAPOLIS MN 55404 | LONOKE LIMITED PARTNERSHIP | LOW INCOME RENTAL | $1,589,000 | 198 ft |
| 2019 2ND AVE S MINNEAPOLIS MN 55404 | TITHE INVESTMENTS LLC | APARTMENT | $523,000 | 211 ft |
| 2008 2ND AVE S MINNEAPOLIS MN 55404 | M E CASEY & A Y JONES | TRIPLEX | $701,400 | 217 ft |