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 ↗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 ↗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 2 — moderate-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 7,583 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 614 4TH AVE S E MINNEAPOLIS MN 55414 | RONGHUA VI LLC | RESIDENTIAL | $307,400 | 69 ft |
| 630 4TH AVE S E MINNEAPOLIS MN 55414 | 630 LLC | APARTMENT | $1,047,000 | 83 ft |
| 409 6TH ST S E MINNEAPOLIS MN 55414 | JACOB OSWALD & KARL CASSEL | VACANT LAND-RESIDENTIAL | $6,000 | 102 ft |
| 414 7TH ST S E MINNEAPOLIS MN 55414 | LLAMA LLC | APARTMENT | $1,149,000 | 106 ft |
| 403 6TH ST S E MINNEAPOLIS MN 55414 | 403 6TH STREET JG LLC ET AL | TRIPLEX | $599,500 | 159 ft |
| 409 6TH ST S E MINNEAPOLIS MN 55414 | JACOB OSWALD & KARL CASSEL | RESIDENTIAL-TWO UNIT | $466,700 | 160 ft |
| 415 6TH ST S E MINNEAPOLIS MN 55414 | MARGARET BODALSKI | RESIDENTIAL-TWO UNIT | $594,100 | 163 ft |
| 418 7TH ST S E MINNEAPOLIS MN 55414 | THE COLE DIVISION LLC | APARTMENT | $1,279,000 | 170 ft |
| 617 4TH AVE S E MINNEAPOLIS MN 55414 | NOEL C JAQOLINO ETAL | RESIDENTIAL | $402,000 | 185 ft |
| 625 4TH AVE S E MINNEAPOLIS MN 55414 | K T SADAK & K F SADAK | RESIDENTIAL | $383,700 | 191 ft |
Most Recent Sale
Current Tax Year