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.
3 permits on record since 2005 · $892K total declared value · Most recent: Nov 2014 (building re-inspection)
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 1070
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 |
|---|---|---|---|---|
| 2528 NICOLLET AVE MINNEAPOLIS MN 55404 | NP ICEHOUSE LLC | COMMERCIAL-PREFERRED | $3,030,000 | 134 ft |
| 26 26TH ST W MINNEAPOLIS MN 55404 | AREH 2545 BLAISDELL LLC | VACANT LAND-APARTMENT | $84,600 | 141 ft |
| 2600 NICOLLET AVE MINNEAPOLIS MN 55408 | 2600 NICOLLET LLC | COMMERCIAL-PREFERRED | $1,990,000 | 194 ft |
| 2541 BLAISDELL AVE MINNEAPOLIS MN 55404 | AK HOLDING LLC ETAL | APARTMENT | $716,000 | 203 ft |
| 2537 BLAISDELL AVE MINNEAPOLIS MN 55404 | BELINDA MENDEZ | RESIDENTIAL | $257,600 | 217 ft |
| 2545 BLAISDELL AVE MINNEAPOLIS MN 55404 | AREH 2545 BLAISDELL LLC | APARTMENT | $1,933,000 | 223 ft |
| 2524 NICOLLET AVE MINNEAPOLIS MN 55404 | TDN ENTERPRISES LLC | COMMERCIAL-PREFERRED | $1,050,000 | 224 ft |
| 2533 BLAISDELL AVE MINNEAPOLIS MN 55404 | KEVIN J SWEENEY TRUST | APARTMENT | $470,000 | 239 ft |
| 2543 NICOLLET AVE MINNEAPOLIS MN 55404 | CREATION AUDIO RECORDING INC | COMMERCIAL-PREFERRED | $865,000 | 240 ft |
| 2533 NICOLLET AVE MINNEAPOLIS MN 55404 | RATSAMY 2539 LLC | COMMERCIAL-PREFERRED | $765,000 | 250 ft |