Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1044
Zip code 55402
Source: Redfin Data Center (Invalid Date) · Zip 55402
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 405 8TH ST S MINNEAPOLIS MN 55404 | NORMANDY INN INC | COMMERCIAL-PREFERRED | $2,273,700 | 340 ft |
| 815 4TH AVE S MINNEAPOLIS MN 55404 | NORMANDY INN INC | COMMERCIAL-PREFERRED | $2,386,400 | 341 ft |
| 222 9TH ST S MINNEAPOLIS MN 55402 | X WH REDF2-TSE TWO22 PROPCO | COMMERCIAL-NON PREFERRED | $34,260,000 | 359 ft |
| 333 7TH ST S MINNEAPOLIS MN 55402 | USPO MINNEAPOLIS LLC | COMMERCIAL-NON PREFERRED | $49,290,000 | 411 ft |
| 901 3RD AVE S MINNEAPOLIS MN 55402 | RIVERSOURCE LIFE INSURNCE CO | COMMERCIAL-PREFERRED | $70,520,000 | 412 ft |
| 805 2ND AVE S MINNEAPOLIS MN 55402 | ST OLAFS CATHOLIC CHRCH/MPLS | LAND-COMMERCIAL | $250,000 | 423 ft |
| 900 3RD AVE S MINNEAPOLIS MN 55402 | BRIAN P SHORT TRUSTEE | COMMERCIAL-PREFERRED | $731,700 | 433 ft |
| 905 4TH AVE S MINNEAPOLIS MN 55404 | GETHSEMANE CHURCH | COMMERCIAL-PREFERRED | $0 | 451 ft |
| 404 8TH ST S MINNEAPOLIS MN 55404 | GREATER T C UNITED WAY | LAND-COMMERCIAL | $150,000 | 463 ft |
| 220 8TH ST S MINNEAPOLIS MN 55402 | MPLS CLUB | SOCIAL CLUB | $2,420,200 | 464 ft |
Current Tax Year