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.
2 permits on record since 2023 · Most recent: Jun 2025 (existres)
Professional Mechanical Services LLC
A Frank Motzko Plumbing LLC
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
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 |
|---|---|---|---|---|
| 115 5TH ST S E MINNEAPOLIS MN 55414 | BIK TUNG FUNG ET AL | TOWNHOUSE | $322,100 | 16 ft |
| 117 5TH ST S E MINNEAPOLIS MN 55414 | REBECCA L LINDSEY | TOWNHOUSE | $292,100 | 32 ft |
| 119 5TH ST S E MINNEAPOLIS MN 55414 | S BETHEA & M HARALSON | TOWNHOUSE | $373,400 | 48 ft |
| 121 5TH ST S E MINNEAPOLIS MN 55414 | DUSTIN GEARMAN | TOWNHOUSE | $292,100 | 64 ft |
| 123 5TH ST S E MINNEAPOLIS MN 55414 | MARY K RADTKE | TOWNHOUSE | $367,000 | 80 ft |
| 500 CENTRAL AVE S E MINNEAPOLIS MN 55414 | RAMEZ VENTURES LLC | COMMERCIAL-PREFERRED | $1,023,000 | 82 ft |
| 125 5TH ST S E MINNEAPOLIS MN 55414 | EDEN SQUARE HOMEOWNERS ASSN | COMMON AREA | $0 | 85 ft |
| 506 CENTRAL AVE S E MINNEAPOLIS MN 55414 | RAMEZ VENTURES LLC | LAND-COMMERCIAL | $286,700 | 107 ft |
| 503 2ND AVE S E MINNEAPOLIS MN 55414 | K J COOPER & R B COOPER | TOWNHOUSE | $317,800 | 128 ft |
| 501 2ND AVE S E MINNEAPOLIS MN 55414 | RZ HOME LLC | TOWNHOUSE | $324,200 | 129 ft |