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.
5 permits on record since 2019 · $150K total declared value · Most recent: Feb 2022 (res)
Farr Plumbing and Heating LLC
SWIFT HEATING & AIR CONDITIONING INC
SWIFT HEATING & AIR CONDITIONING INC
Farr Plumbing and Heating LLC
PORCH LIGHT HOMES CO
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
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 3-story wood frame (5–12 units) benchmarks for 7,129 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 318 6TH ST S E MINNEAPOLIS MN 55414 | BILLY R SOMMERS | RESIDENTIAL | $270,000 | 58 ft |
| 522 3RD AVE S E MINNEAPOLIS MN 55414 | V THORSTENSON & C JOHNSON | RESIDENTIAL | $337,100 | 97 ft |
| 300 6TH ST S E MINNEAPOLIS MN 55414 | V THORSTENSON/C JOHNSON | RESIDENTIAL | $461,000 | 108 ft |
| 516 3RD AVE S E MINNEAPOLIS MN 55414 | CCHUN PROPERTIES LLC ET AL | TRIPLEX | $431,400 | 115 ft |
| 521 4TH AVE S E MINNEAPOLIS MN 55414 | S GRIGGS & B SOMMERS | RESIDENTIAL | $328,000 | 125 ft |
| 525 4TH AVE S E MINNEAPOLIS MN 55414 | 525 4TH AVENUE LLC | RESIDENTIAL | $269,400 | 128 ft |
| 517 4TH AVE S E MINNEAPOLIS MN 55414 | THOMAS & REBECCA A MASTERMAN | RESIDENTIAL | $408,300 | 130 ft |
| 529 4TH AVE S E MINNEAPOLIS MN 55414 | HIWOT KASSAYE | RESIDENTIAL | $430,900 | 141 ft |
| 315 5TH ST S E MINNEAPOLIS MN 55414 | THEPHRASOUVANH LLC | APARTMENT | $952,000 | 166 ft |
| 511 4TH AVE S E MINNEAPOLIS MN 55414 | J THEODORE A TUCKER | RESIDENTIAL-TWO UNIT | $403,100 | 174 ft |
Most Recent Sale
Current Tax Year