ParcelLens
Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2017 · $13K total declared value · Most recent: Jul 2017 (misc)
ARKO EXTERIORS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 1,380 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 525 4TH AVE S E MINNEAPOLIS MN 55414 | 525 4TH AVENUE LLC | RESIDENTIAL | $269,400 | 35 ft |
| 521 4TH AVE S E MINNEAPOLIS MN 55414 | S GRIGGS & B SOMMERS | RESIDENTIAL | $328,000 | 73 ft |
| 318 6TH ST S E MINNEAPOLIS MN 55414 | BILLY R SOMMERS | RESIDENTIAL | $270,000 | 83 ft |
| 517 4TH AVE S E MINNEAPOLIS MN 55414 | THOMAS & REBECCA A MASTERMAN | RESIDENTIAL | $408,300 | 130 ft |
| 316 6TH ST S E MINNEAPOLIS MN 55414 | J E GOEBERL & A THIBEAULT | RESIDENTIAL | $560,800 | 141 ft |
| 609 4TH AVE S E MINNEAPOLIS MN 55414 | ROSS E QUADE | RESIDENTIAL | $350,300 | 155 ft |
| 400 6TH ST S E MINNEAPOLIS MN 55414 | 400 6TH LLC | APARTMENT | $1,008,000 | 171 ft |
| 511 4TH AVE S E MINNEAPOLIS MN 55414 | J THEODORE A TUCKER | RESIDENTIAL-TWO UNIT | $403,100 | 198 ft |
| 516 4TH AVE S E MINNEAPOLIS MN 55414 | ANGELA HIRSCH STRATIG | RESIDENTIAL | $340,500 | 206 ft |
| 300 6TH ST S E MINNEAPOLIS MN 55414 | V THORSTENSON/C JOHNSON | RESIDENTIAL | $461,000 | 221 ft |
Most Recent Sale
Current Tax Year