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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
No permits found in Minneapolis open data for this parcel.
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
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 3,567 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 407 4TH ST S E MINNEAPOLIS MN 55414 | MICHELLE L MENKEN | TRIPLEX | $441,500 | 67 ft |
| 412 4TH AVE S E MINNEAPOLIS MN 55414 | M L MENKEN/E KLEIN ET AL TRS | VACANT LAND-RESIDENTIAL | $8,000 | 83 ft |
| 415 4TH ST S E MINNEAPOLIS MN 55414 | BLACK DUCK HOLDINGS LLC | APARTMENT | $419,400 | 133 ft |
| 400 5TH ST S E MINNEAPOLIS MN 55414 | VALERIE MATA/VERA EHRENBERG | RESIDENTIAL | $399,800 | 174 ft |
| 406 5TH ST S E MINNEAPOLIS MN 55414 | J K THOMAS & R A EGGERT | TRIPLEX | $591,000 | 189 ft |
| 419 4TH ST S E MINNEAPOLIS MN 55414 | D W POMEROY & M J POMEROY | RESIDENTIAL | $374,800 | 199 ft |
| 323 4TH ST S E MINNEAPOLIS MN 55414 | SPECIAL SCHOOL DIST NO 1 | LAND-COMMERCIAL | $0 | 213 ft |
| 414 5TH ST S E MINNEAPOLIS MN 55414 | MAUREEN J LOVEN-BELL | RESIDENTIAL | $459,700 | 223 ft |
| 316 4TH AVE S E MINNEAPOLIS MN 55414 | IGLESIA CRISTIANA ALFA Y OME | COMMERCIAL-PREFERRED | $0 | 237 ft |
| 328 4TH ST S E MINNEAPOLIS MN 55414 | INTERSTATE RE INVESTOR LLC | APARTMENT | $547,800 | 241 ft |
Most Recent Sale
Current Tax Year