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 68
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
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 |
|---|---|---|---|---|
| 2012 GARFIELD AVE MINNEAPOLIS MN 55405 | MN BROWNSTONES LLC | APARTMENT | $2,099,000 | 104 ft |
| 2005 LYNDALE AVE S MINNEAPOLIS MN 55405 | FRANKLYN MPLS LLC | RESIDENTIAL | $660,000 | 131 ft |
| 615 FRANKLIN AVE W MINNEAPOLIS MN 55405 | FRANKLYN MPLS LLC | RESIDENTIAL-TWO UNIT | $849,000 | 134 ft |
| 2015 LYNDALE AVE S MINNEAPOLIS MN 55405 | MODI APARTMENTS LLC | APARTMENT | $9,500,000 | 161 ft |
| 2005 GARFIELD AVE MINNEAPOLIS MN 55405 | SCOTT W HOLMQUIST | APARTMENT | $693,000 | 162 ft |
| 2009 GARFIELD AVE MINNEAPOLIS MN 55405 | SNYDER APARTMENTS LLC | APARTMENT | $983,000 | 191 ft |
| 2020 GARFIELD AVE MINNEAPOLIS MN 55405 | 2020 GARFIELD LLC | APARTMENT | $1,850,000 | 193 ft |
| 600 FRANKLIN AVE W MINNEAPOLIS MN 55405 | 600 FRANKLIN AVENUE LLC | APARTMENT | $2,530,000 | 199 ft |
| 2015 GARFIELD AVE MINNEAPOLIS MN 55405 | R BIALON & & M BIALON | RESIDENTIAL-TWO UNIT | $470,400 | 206 ft |
| 610 FRANKLIN AVE W MINNEAPOLIS MN 55405 | BRYANT BAKER LLC ET AL | APARTMENT | $4,639,000 | 218 ft |