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.
3 permits on record since 2008 · $180K total declared value · Most recent: Apr 2018 (res)
CENTERPOINT ENERGY
CENTERPOINT ENERGY
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
Most Recent Sale
Current Tax Year
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 |
|---|---|---|---|---|
| 728 2ND AVE S E MINNEAPOLIS MN 55414 | SVEN SUNDGAARD | TRIPLEX | $614,100 | 91 ft |
| 724 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-APARTMENT | $71,300 | 100 ft |
| 716 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | APARTMENT | $451,000 | 137 ft |
| 728 HENNEPIN AVE E MINNEAPOLIS MN 55414 | CHILDRENS DENTAL SERVICES | COMMERCIAL-PREFERRED | $0 | 162 ft |
| 712 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | RESIDENTIAL | $234,900 | 202 ft |
| 218 8TH ST S E MINNEAPOLIS MN 55414 | BENSON - MECAY INC | COMMON AREA | $0 | 227 ft |
| 224 8TH ST S E MINNEAPOLIS MN 55414 | HANNAH VAN AMBER | TOWNHOUSE | $370,200 | 227 ft |
| 223 7TH ST S E MINNEAPOLIS MN 55414 | M C HALBROOKS/A K HENDERSON | TOWNHOUSE | $357,400 | 227 ft |
| 221 7TH ST S E MINNEAPOLIS MN 55414 | JANET A CARLSON TRUST AGR | TOWNHOUSE | $306,000 | 227 ft |
| 219 7TH ST S E MINNEAPOLIS MN 55414 | BENSON - MECAY INC | COMMON AREA | $0 | 227 ft |