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 |
|---|---|---|---|---|
| 2535 2ND AVE S MINNEAPOLIS MN 55404 | MPLS COLLEGE OF ART & DESIGN | LAND-COMMERCIAL | $0 | 136 ft |
| 302 26TH ST E MINNEAPOLIS MN 55404 | STEPHANIE BROWN | RESIDENTIAL | $367,600 | 170 ft |
| 2541 3RD AVE S MINNEAPOLIS MN 55404 | H RICE & I HUGHES | RESIDENTIAL-TWO UNIT | $472,300 | 197 ft |
| 2600 3RD AVE S MINNEAPOLIS MN 55408 | CLEMENTE GARCIA | APARTMENT | $549,000 | 199 ft |
| 211 26TH ST E MINNEAPOLIS MN 55404 | W J HENNEY & R V JOHNSON | RESIDENTIAL | $253,500 | 202 ft |
| 2533 3RD AVE S MINNEAPOLIS MN 55404 | LANG & YANG PROPERTIES LLC | APARTMENT | $1,568,000 | 207 ft |
| 306 26TH ST E MINNEAPOLIS MN 55404 | WENDY L JEDLICKA | RESIDENTIAL | $341,000 | 231 ft |
| 2601 2ND AVE S MINNEAPOLIS MN 55408 | SOURCE MINISTRIES INC | COMMERCIAL-PREFERRED | $0 | 243 ft |
| 2602 3RD AVE S MINNEAPOLIS MN 55408 | PHILLIP R ANDRE | RESIDENTIAL-TWO UNIT | $349,200 | 251 ft |
| 2601 3RD AVE S MINNEAPOLIS MN 55408 | NANCY SCHWARTZ | APARTMENT | $505,000 | 276 ft |