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.
11 permits on record since 2002 · $434K total declared value · Most recent: Jul 2023 (commercial minor)
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical 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
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 2,646 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 510 2ND AVE S E MINNEAPOLIS MN 55414 | THOMAS P RALPH | RESIDENTIAL | $298,000 | 83 ft |
| 209 5TH ST S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $2,826,000 | 102 ft |
| 509 2ND AVE S E MINNEAPOLIS MN 55414 | ANDREA STILES & LAL L STILES | TOWNHOUSE | $301,700 | 164 ft |
| 507 2ND AVE S E MINNEAPOLIS MN 55414 | KYLE L KASS & MARGO J KASS | TOWNHOUSE | $292,100 | 166 ft |
| 501 2ND AVE S E MINNEAPOLIS MN 55414 | RZ HOME LLC | TOWNHOUSE | $324,200 | 167 ft |
| 511 2ND AVE S E MINNEAPOLIS MN 55414 | ERIC WARNKE | TOWNHOUSE | $328,500 | 171 ft |
| 505 2ND AVE S E MINNEAPOLIS MN 55414 | J L STONE & A M SATHER | TOWNHOUSE | $326,400 | 171 ft |
| 503 2ND AVE S E MINNEAPOLIS MN 55414 | K J COOPER & R B COOPER | TOWNHOUSE | $317,800 | 171 ft |
| 513 2ND AVE S E MINNEAPOLIS MN 55414 | JACOB STEPHEN UPTON | TOWNHOUSE | $302,800 | 178 ft |
| 520 2ND AVE S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $2,795,100 | 193 ft |
Most Recent Sale
Current Tax Year