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 1070
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 |
|---|---|---|---|---|
| 2542 GARFIELD AVE MINNEAPOLIS MN 55405 | JESSE JONES | RESIDENTIAL-TWO UNIT | $344,800 | 40 ft |
| 2552 GARFIELD AVE MINNEAPOLIS MN 55405 | BOWERS OLSON INVESTMENTS LLC | APARTMENT | $2,536,000 | 55 ft |
| 2538 GARFIELD AVE MINNEAPOLIS MN 55405 | R L WELLS & JUDYANN G WELLS | RESIDENTIAL-TWO UNIT | $431,900 | 80 ft |
| 610 26TH ST W MINNEAPOLIS MN 55405 | THIRTEENTH FLOOR LLC | RESIDENTIAL-TWO UNIT | $316,900 | 106 ft |
| 2534 GARFIELD AVE MINNEAPOLIS MN 55405 | PHILIP A SCHWARTZBERG | APARTMENT | $677,000 | 120 ft |
| 2547 LYNDALE AVE S MINNEAPOLIS MN 55405 | BULLDOG INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $945,300 | 130 ft |
| 2539 LYNDALE AVE S MINNEAPOLIS MN 55405 | BROBERG PROPERTIES III LLC | APARTMENT | $1,355,000 | 143 ft |
| 2551 LYNDALE AVE S MINNEAPOLIS MN 55405 | THIRTEENTH FLOOR LLC | COMMERCIAL-PREFERRED | $700,000 | 155 ft |
| 2530 GARFIELD AVE MINNEAPOLIS MN 55405 | JEFFREY T SPENCER | RESIDENTIAL-TWO UNIT | $428,600 | 160 ft |
| 2555 LYNDALE AVE S MINNEAPOLIS MN 55405 | DA CAPO GROUP LLC | RESIDENTIAL | $617,000 | 168 ft |