ParcelLens
Property Intelligence · Twin Cities
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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 ↗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
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,453 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2720 1ST AVE S MINNEAPOLIS MN 55408 | VARIED FIRST AVE CO-OP | COOPERATIVE HOUSING | $497,000 | 0 ft |
| 2720 1ST AVE S MINNEAPOLIS MN 55408 | VARIED FIRST AVE CO-OP | COOPERATIVE HOUSING | $124,000 | 0 ft |
| 2720 1ST AVE S MINNEAPOLIS MN 55408 | VARIED FIRST AVE CO-OP | COOPERATIVE HOUSING | $124,000 | 0 ft |
| 2720 1ST AVE S MINNEAPOLIS MN 55408 | VARIED FIRST AVE CO-OP | COOPERATIVE HOUSING | $125,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2718 1ST AVE S MINNEAPOLIS MN 55408 | VARIED FIRST AVENUE CO-OP | RESIDENTIAL | $96,000 | 50 ft |
| 2724 1ST AVE S MINNEAPOLIS MN 55408 | LUNG TRAN REVOCABLE TRUST | RESIDENTIAL-TWO UNIT | $286,900 | 54 ft |
| 2728 1ST AVE S MINNEAPOLIS MN 55408 | SERENITY HOLDINGS LLC | VACANT LAND-RESIDENTIAL | $9,000 | 94 ft |
| 2714 1ST AVE S MINNEAPOLIS MN 55408 | MURPHY WONG | APARTMENT | $348,000 | 100 ft |
| 2727 NICOLLET AVE MINNEAPOLIS MN 55408 | QUANG FAMILY CORPORATION | TRIPLEX | $2,420,000 | 137 ft |