ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2012 · $55K total declared value · Most recent: Oct 2012 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
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 |
|---|---|---|---|---|
| 2507 NICOLLET AVE MINNEAPOLIS MN 55404 | 2507 NICOLLET AVE S LLC ETAL | APARTMENT | $2,276,000 | 60 ft |
| 2511 NICOLLET AVE MINNEAPOLIS MN 55404 | 2511 NICOLLET LLC | APARTMENT | $695,000 | 120 ft |
| 25 25TH ST E MINNEAPOLIS MN 55404 | 25 TWENTY-FIFTH STREET LLC | LOW INCOME RENTAL | $1,979,000 | 138 ft |
| 2443 NICOLLET AVE MINNEAPOLIS MN 55404 | FAIRWAY 9 NICOLLET LLC ET AL | APARTMENT | $3,070,100 | 145 ft |
| 2506 1ST AVE S MINNEAPOLIS MN 55404 | L B OLSON & M B OLSON | APARTMENT | $1,385,000 | 151 ft |
| 3 25TH ST W MINNEAPOLIS MN 55404 | FOUR PUFFINS PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $290,400 | 162 ft |
| 2515 NICOLLET AVE MINNEAPOLIS MN 55404 | TTP NICOLLET LLC | RESIDENTIAL | $1,367,000 | 180 ft |
| 2512 1ST AVE S MINNEAPOLIS MN 55404 | C GATLING & S BAUER | TRIPLEX | $397,900 | 183 ft |
| 2448 1ST AVE S MINNEAPOLIS MN 55404 | 2448 1ST AVE LLC | APARTMENT | $1,350,000 | 184 ft |
| 7 25TH ST W MINNEAPOLIS MN 55404 | BRUCE & AMY L TRAN | RESIDENTIAL-TWO UNIT | $269,500 | 200 ft |