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 78.01
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 |
|---|---|---|---|---|
| 2620 2ND AVE S MINNEAPOLIS MN 55408 | JESSE SODERSTROM | RESIDENTIAL | $195,200 | 49 ft |
| 2612 2ND AVE S MINNEAPOLIS MN 55408 | UPPAL GROUP LLC | APARTMENT | $408,000 | 53 ft |
| 2608 2ND AVE S MINNEAPOLIS MN 55408 | 2608 2ND AVENUE LLC | APARTMENT | $516,000 | 106 ft |
| 2624 2ND AVE S MINNEAPOLIS MN 55408 | JUDITH A NELSON | CONDOMINIUM | $180,000 | 118 ft |
| 2626 2ND AVE S MINNEAPOLIS MN 55408 | HSIANG HSIN HSIUNG | CONDOMINIUM | $207,000 | 118 ft |
| 2628 2ND AVE S MINNEAPOLIS MN 55408 | MARIE UGBOAJAH | CONDOMINIUM | $180,000 | 118 ft |
| 2630 2ND AVE S MINNEAPOLIS MN 55408 | DEREK B JOHNSON-DEAN ET AL | CONDOMINIUM | $190,000 | 118 ft |
| MN | Unknown | — | — | 118 ft |
| 2606 2ND AVE S MINNEAPOLIS MN 55408 | A ANDREEV & C D HANSEN | RESIDENTIAL | $208,600 | 152 ft |
| 2613 STEVENS AVE MINNEAPOLIS MN 55408 | SOURCE MN INC | RESIDENTIAL-TWO UNIT | $772,100 | 166 ft |