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.
3 permits on record since 2023 · $14K total declared value · Most recent: Sep 2025 (private)
Scherber Companies LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 |
|---|---|---|---|---|
| 711 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-RESIDENTIAL | $84,000 | 33 ft |
| 709 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-RESIDENTIAL | $151,000 | 100 ft |
| 122 8TH ST S E MINNEAPOLIS MN 55414 | RLSJR LLC | COMMERCIAL-PREFERRED | $1,050,000 | 104 ft |
| 119 7TH ST S E MINNEAPOLIS MN 55414 | 2 SONS LLC | LAND - INDUSTRIAL | $20,800 | 132 ft |
| 712 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | RESIDENTIAL | $234,900 | 148 ft |
| 700 2ND AVE S E MINNEAPOLIS MN 55414 | NAEGELE OUTDOOR ADV CO | LAND-COMMERCIAL | $27,800 | 148 ft |
| 716 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | APARTMENT | $451,000 | 177 ft |
| 700 CENTRAL AVE N E MINNEAPOLIS MN 55414 | 700 CENTRAL OWNER LLC | APARTMENT | $31,664,000 | 182 ft |
| 718 CENTRAL AVE N E MINNEAPOLIS MN 55414 | 2 SONS LLC | COMMERCIAL-PREFERRED | $2,029,200 | 204 ft |
| 724 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-APARTMENT | $71,300 | 206 ft |