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.
8 permits on record since 2016 · $546K total declared value · Most recent: Dec 2022 (remodel)
AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI
Mayday Restoration
Maven Development Group
Metro Heating & Cooling LLC
American Restoration & Transformation LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 68
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 |
|---|---|---|---|---|
| 2222 NICOLLET AVE MINNEAPOLIS MN 55404 | EAT STREET PORTFOLIO LLC | LOW INCOME RENTAL | $2,278,000 | 65 ft |
| 2344 NICOLLET AVE MINNEAPOLIS MN 55404 | CITY OF LAKES WALDORF SCHL | COMMERCIAL-PREFERRED | $0 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | ALEXANDER REIS | CONDOMINIUM | $100,000 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | PAUL T SCHENCK | CONDOMINIUM | $99,000 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | JOHN P STEINERT | CONDOMINIUM | $96,000 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | MATTHEW SOBIESKI | CONDOMINIUM | $96,000 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | JONATHAN R CESAREK | CONDOMINIUM | $102,000 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | JOSIE M KENT | CONDOMINIUM | $102,000 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | BRIAN HEDBERG | CONDOMINIUM | $101,000 | 129 ft |
| 2218 NICOLLET AVE MINNEAPOLIS MN 55404 | THOMAS ROBERT BUCKINGHAM II | CONDOMINIUM | $100,000 | 129 ft |