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.
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
Urban Neighborhood 3 — medium-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 1,723 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 529 4TH AVE S E MINNEAPOLIS MN 55414 | HIWOT KASSAYE | RESIDENTIAL | $430,900 | 35 ft |
| 521 4TH AVE S E MINNEAPOLIS MN 55414 | S GRIGGS & B SOMMERS | RESIDENTIAL | $328,000 | 38 ft |
| 318 6TH ST S E MINNEAPOLIS MN 55414 | BILLY R SOMMERS | RESIDENTIAL | $270,000 | 74 ft |
| 517 4TH AVE S E MINNEAPOLIS MN 55414 | THOMAS & REBECCA A MASTERMAN | RESIDENTIAL | $408,300 | 95 ft |
| 316 6TH ST S E MINNEAPOLIS MN 55414 | J E GOEBERL & A THIBEAULT | RESIDENTIAL | $560,800 | 128 ft |
| 511 4TH AVE S E MINNEAPOLIS MN 55414 | J THEODORE A TUCKER | RESIDENTIAL-TWO UNIT | $403,100 | 163 ft |
| 400 6TH ST S E MINNEAPOLIS MN 55414 | 400 6TH LLC | APARTMENT | $1,008,000 | 167 ft |
| 516 4TH AVE S E MINNEAPOLIS MN 55414 | ANGELA HIRSCH STRATIG | RESIDENTIAL | $340,500 | 188 ft |
| 609 4TH AVE S E MINNEAPOLIS MN 55414 | ROSS E QUADE | RESIDENTIAL | $350,300 | 189 ft |
| 300 6TH ST S E MINNEAPOLIS MN 55414 | V THORSTENSON/C JOHNSON | RESIDENTIAL | $461,000 | 222 ft |
Most Recent Sale
Current Tax Year