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 |
|---|---|---|---|---|
| 220 8TH ST S MINNEAPOLIS MN 55402 | MPLS CLUB | SOCIAL CLUB | $2,420,200 | 319 ft |
| 701 4TH AVE S MINNEAPOLIS MN 55415 | COUNTY OF HENNEPIN | COMMERCIAL-PREFERRED | $0 | 338 ft |
| 404 8TH ST S MINNEAPOLIS MN 55404 | GREATER T C UNITED WAY | LAND-COMMERCIAL | $150,000 | 348 ft |
| 321 8TH ST S MINNEAPOLIS MN 55402 | ENERGY CENTER MPLS LLC | COMMERCIAL-PREFERRED | $37,782,000 | 411 ft |
| 707 2ND AVE S MINNEAPOLIS MN 55402 | OIVF III 707 2ND AVE S LLC | COMMERCIAL-NON PREFERRED | $39,750,000 | 421 ft |
| 405 8TH ST S MINNEAPOLIS MN 55404 | NORMANDY INN INC | COMMERCIAL-PREFERRED | $2,273,700 | 469 ft |
| 717 2ND AVE S MINNEAPOLIS MN 55402 | THE MPLS CLUB | SOCIAL CLUB | $3,629,800 | 481 ft |
| 216 7TH ST S MINNEAPOLIS MN 55402 | MINNEAPOLIS HOTEL GROUP LLC | COMMERCIAL-PREFERRED | $1,514,000 | 498 ft |
| 433 7TH ST S MINNEAPOLIS MN 55415 | GANGA REDDY & VENK REDDY | CONDOMINIUM | $206,000 | 502 ft |
| 433 7TH ST S MINNEAPOLIS MN 55415 | LUCAS S FORSBERG | CONDOMINIUM | $111,000 | 502 ft |
Most Recent Sale
Current Tax Year