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 |
|---|---|---|---|---|
| 25 25TH ST E MINNEAPOLIS MN 55404 | 25 TWENTY-FIFTH STREET LLC | LOW INCOME RENTAL | $1,979,000 | 60 ft |
| 2512 1ST AVE S MINNEAPOLIS MN 55404 | C GATLING & S BAUER | TRIPLEX | $397,900 | 60 ft |
| 2516 1ST AVE S MINNEAPOLIS MN 55404 | NU-WAY HOUSE INC | APARTMENT | $0 | 120 ft |
| 2507 NICOLLET AVE MINNEAPOLIS MN 55404 | 2507 NICOLLET AVE S LLC ETAL | APARTMENT | $2,276,000 | 138 ft |
| 2511 NICOLLET AVE MINNEAPOLIS MN 55404 | 2511 NICOLLET LLC | APARTMENT | $695,000 | 151 ft |
| 1 25TH ST E MINNEAPOLIS MN 55404 | EDWARD JOSEPH SANDOR | APARTMENT | $2,072,200 | 151 ft |
| 101 25TH ST E MINNEAPOLIS MN 55404 | M BELUSA & D O'BRIEN | RESIDENTIAL-TWO UNIT | $355,300 | 156 ft |
| 2448 1ST AVE S MINNEAPOLIS MN 55404 | 2448 1ST AVE LLC | APARTMENT | $1,350,000 | 180 ft |
| 2515 NICOLLET AVE MINNEAPOLIS MN 55404 | TTP NICOLLET LLC | RESIDENTIAL | $1,367,000 | 184 ft |
| 2507 1ST AVE S MINNEAPOLIS MN 55404 | TAYLOR MCCALL LANDRY | RESIDENTIAL-TWO UNIT | $527,300 | 186 ft |