Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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.
Marcy Holmes · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 |
|---|---|---|---|---|
| 520 2ND ST S E MINNEAPOLIS MN 55414 | 520 SECOND STREET APTS L P | LOW INCOME RENTAL | $9,159,000 | 173 ft |
| 110 5TH AVE S E MINNEAPOLIS MN 55414 | BUHL SOAP LLC | INDUSTRIAL-PREFERRED | $4,840,000 | 196 ft |
| 489 MAIN ST S E MINNEAPOLIS MN 55414 | MAIN STREET OWNER LLC | VACANT LAND-APARTMENT | $60,000 | 202 ft |
| 129 6TH AVE S E MINNEAPOLIS MN 55414 | MARTIN COMPANY | COMMERCIAL-PREFERRED | $1,030,000 | 214 ft |
| 518 2ND ST S E MINNEAPOLIS MN 55414 | 520 SECOND STREET APTS L P | LOW INCOME RENTAL | $42,500 | 215 ft |
| 424 2ND ST S E MINNEAPOLIS MN 55414 | NORTH MILL ST OWNER LLC | LOW INCOME RENTAL | $193,800 | 277 ft |
| 519 2ND ST S E MINNEAPOLIS MN 55414 | FLOUR SACK FLATS CONDO ASSN | VACANT LAND-RESIDENTIAL | $2,700 | 374 ft |
| 204 5TH AVE S E MINNEAPOLIS MN 55414 | B R SOMMERS & S N GRIGGS | TRIPLEX | $415,000 | 385 ft |
| 601 MAIN ST S E MINNEAPOLIS MN 55414 | MPLS STONE ARCH PARTNERS LLC | APARTMENT | $19,197,000 | 386 ft |
| 521 2ND ST S E MINNEAPOLIS MN 55414 | KATHRYN ECKHARDT | CONDOMINIUM | $442,800 | 417 ft |