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 |
|---|---|---|---|---|
| 2440 1ST AVE S MINNEAPOLIS MN 55404 | BAM-A LLC | APARTMENT | $587,000 | 49 ft |
| 2448 1ST AVE S MINNEAPOLIS MN 55404 | 2448 1ST AVE LLC | APARTMENT | $1,350,000 | 49 ft |
| 2436 1ST AVE S MINNEAPOLIS MN 55404 | PINNACLE PROPERTY SOLS LLC | APARTMENT | $754,000 | 97 ft |
| 100 25TH ST E MINNEAPOLIS MN 55404 | DEBORAH GIRDWOOD | RESIDENTIAL-ZERO LOT LINE | $148,700 | 141 ft |
| 2443 NICOLLET AVE MINNEAPOLIS MN 55404 | FAIRWAY 9 NICOLLET LLC ET AL | APARTMENT | $3,070,100 | 141 ft |
| 2432 1ST AVE S MINNEAPOLIS MN 55404 | 2432 FIRST AVENUE LLC | APARTMENT | $1,295,000 | 146 ft |
| 102 25TH ST E MINNEAPOLIS MN 55404 | M W MAHONEY & B E RUNQUIST | RESIDENTIAL | $196,100 | 161 ft |
| 25 25TH ST E MINNEAPOLIS MN 55404 | 25 TWENTY-FIFTH STREET LLC | LOW INCOME RENTAL | $1,979,000 | 169 ft |
| 104 25TH ST E MINNEAPOLIS MN 55404 | BENNETT HARTZ | RESIDENTIAL-ZERO LOT LINE | $201,400 | 181 ft |
| 2445 1ST AVE S MINNEAPOLIS MN 55404 | 2445 FIRST LLC | RESIDENTIAL | $343,100 | 185 ft |