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.
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 |
|---|---|---|---|---|
| 2432 1ST AVE S MINNEAPOLIS MN 55404 | 2432 FIRST AVENUE LLC | APARTMENT | $1,295,000 | 49 ft |
| 2440 1ST AVE S MINNEAPOLIS MN 55404 | BAM-A LLC | APARTMENT | $587,000 | 49 ft |
| 2428 1ST AVE S MINNEAPOLIS MN 55404 | J SMALL/M B SMALL | RESIDENTIAL-TWO UNIT | $339,700 | 97 ft |
| 2444 1ST AVE S MINNEAPOLIS MN 55404 | LINCOLN TRUST CO TRUSTEE | TRIPLEX | $472,000 | 97 ft |
| 2448 1ST AVE S MINNEAPOLIS MN 55404 | 2448 1ST AVE LLC | APARTMENT | $1,350,000 | 146 ft |
| 2429 NICOLLET AVE MINNEAPOLIS MN 55404 | THRONOS DIOS LLC | COMMERCIAL-PREFERRED | $2,290,000 | 151 ft |
| 2420 1ST AVE S MINNEAPOLIS MN 55404 | HAPPY STAR II LLC | APARTMENT | $1,911,000 | 169 ft |
| 2437 1ST AVE S MINNEAPOLIS MN 55404 | EUGENIO E JIMENEZ CARRERA | LOW INCOME RENTAL | $620,000 | 185 ft |
| 2443 NICOLLET AVE MINNEAPOLIS MN 55404 | FAIRWAY 9 NICOLLET LLC ET AL | APARTMENT | $3,070,100 | 185 ft |
| 2435 1ST AVE S MINNEAPOLIS MN 55404 | PALLADIUM HOLDINGS LLC | APARTMENT | $576,000 | 188 ft |