ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗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 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 |
|---|---|---|---|---|
| 116 12TH ST S MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | COMMERCIAL-PREFERRED | $0 | 168 ft |
| 1111 MARQUETTE AVE MINNEAPOLIS MN 55403 | CITY OF MPLS | COMMERCIAL-PREFERRED | $0 | 175 ft |
| 1201 MARQUETTE AVE MINNEAPOLIS MN 55403 | J3 LLC | COMMERCIAL-PREFERRED | $2,240,000 | 240 ft |
| 1200 2ND AVE S MINNEAPOLIS MN 55403 | ROYAL FOUNDATION | COMMERCIAL-PREFERRED | $2,250,000 | 276 ft |
| 1100 MARQUETTE AVE MINNEAPOLIS MN 55403 | MINNESOTA ORCHESTRAL ASSOC | COMMERCIAL-PREFERRED | $0 | 298 ft |
| 117 12TH ST S MINNEAPOLIS MN 55403 | CITY OF MPLS | COMMERCIAL-PREFERRED | $0 | 361 ft |
| 1219 MARQUETTE AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $785,700 | 411 ft |
| 201 11TH ST S MINNEAPOLIS MN 55403 | MADISON SOUTH 11TH LLC | LAND-COMMERCIAL | $1,000 | 413 ft |
| 201 11TH ST S MINNEAPOLIS MN 55403 | T A LARSEN & N T LARSEN | CONDOMINIUM | $463,500 | 413 ft |
| 201 11TH ST S MINNEAPOLIS MN 55403 | ANDREW SHERMAN | CONDOMINIUM | $458,100 | 413 ft |
Most Recent Sale
Current Tax Year