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.
1 permit on record since 2003 · $287K total declared value · Most recent: Aug 2003 (building re-inspection)
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 |
|---|---|---|---|---|
| 506 CENTRAL AVE S E MINNEAPOLIS MN 55414 | RAMEZ VENTURES LLC | LAND-COMMERCIAL | $286,700 | 46 ft |
| 518 HENNEPIN AVE E MINNEAPOLIS MN 55414 | PAUL S JABLONSKY | COMMERCIAL-PREFERRED | $834,000 | 63 ft |
| 500 CENTRAL AVE S E MINNEAPOLIS MN 55414 | RAMEZ VENTURES LLC | COMMERCIAL-PREFERRED | $1,023,000 | 116 ft |
| 114 6TH ST S E MINNEAPOLIS MN 55414 | PAUL S JABLONSKY | LAND-COMMERCIAL | $365,400 | 120 ft |
| 113 5TH ST S E MINNEAPOLIS MN 55414 | JACK WONG | TOWNHOUSE | $295,300 | 134 ft |
| 115 5TH ST S E MINNEAPOLIS MN 55414 | BIK TUNG FUNG ET AL | TOWNHOUSE | $322,100 | 143 ft |
| 125 5TH ST S E MINNEAPOLIS MN 55414 | EDEN SQUARE HOMEOWNERS ASSN | COMMON AREA | $0 | 149 ft |
| 117 5TH ST S E MINNEAPOLIS MN 55414 | REBECCA L LINDSEY | TOWNHOUSE | $292,100 | 154 ft |
| 119 5TH ST S E MINNEAPOLIS MN 55414 | S BETHEA & M HARALSON | TOWNHOUSE | $373,400 | 165 ft |
| 519 HENNEPIN AVE E MINNEAPOLIS MN 55414 | MERLE R VAGLE | COMMERCIAL-NON PREFERRED | $152,000 | 169 ft |