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.
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 |
|---|---|---|---|---|
| 2512 1ST AVE S MINNEAPOLIS MN 55404 | C GATLING & S BAUER | TRIPLEX | $397,900 | 60 ft |
| 2506 1ST AVE S MINNEAPOLIS MN 55404 | L B OLSON & M B OLSON | APARTMENT | $1,385,000 | 120 ft |
| 2515 NICOLLET AVE MINNEAPOLIS MN 55404 | TTP NICOLLET LLC | RESIDENTIAL | $1,367,000 | 139 ft |
| 2511 NICOLLET AVE MINNEAPOLIS MN 55404 | 2511 NICOLLET LLC | APARTMENT | $695,000 | 151 ft |
| 2521 NICOLLET AVE MINNEAPOLIS MN 55404 | T A & T LLC | COMMERCIAL-PREFERRED | $950,000 | 152 ft |
| 2530 1ST AVE S MINNEAPOLIS MN 55404 | VAN BURTON LLC | CONDOMINIUM | $111,000 | 173 ft |
| 2530 1ST AVE S MINNEAPOLIS MN 55404 | CHARLES SVENDSEN | CONDOMINIUM | $110,000 | 173 ft |
| 2530 1ST AVE S MINNEAPOLIS MN 55404 | KURT WILLIAM NELSON | CONDOMINIUM | $110,000 | 173 ft |
| 2530 1ST AVE S MINNEAPOLIS MN 55404 | CAMERON NASINEC | CONDOMINIUM | $129,000 | 173 ft |
| 2530 1ST AVE S MINNEAPOLIS MN 55404 | B KLUG & C PAGENKOPF | CONDOMINIUM | $113,000 | 173 ft |