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 ↗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
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 7,139 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 415 5TH AVE S E MINNEAPOLIS MN 55414 | 415 5TH AVENUE LLC | RESIDENTIAL-TWO UNIT | $552,300 | 83 ft |
| 419 4TH ST S E MINNEAPOLIS MN 55414 | D W POMEROY & M J POMEROY | RESIDENTIAL | $374,800 | 105 ft |
| 415 4TH ST S E MINNEAPOLIS MN 55414 | BLACK DUCK HOLDINGS LLC | APARTMENT | $419,400 | 170 ft |
| 501 4TH ST S E MINNEAPOLIS MN 55414 | M F BURNS & E J OSTERMEIER | RESIDENTIAL | $627,800 | 179 ft |
| 428 4TH ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL | $334,800 | 184 ft |
| 432 4TH ST S E MINNEAPOLIS MN 55414 | EBULLIENT INVESTMENTS LLC | APARTMENT | $639,000 | 186 ft |
| 424 4TH ST S E MINNEAPOLIS MN 55414 | MANOUCHER ROSTAMKHANI | RESIDENTIAL | $292,700 | 189 ft |
| 410 5TH AVE S E MINNEAPOLIS MN 55414 | K M GEAGAN & J HURRLE | RESIDENTIAL-TWO UNIT | $401,000 | 197 ft |
| 424 5TH ST S E MINNEAPOLIS MN 55414 | ERIC SALO & STELLA BROWN | RESIDENTIAL | $968,000 | 199 ft |
| 422 4TH ST S E MINNEAPOLIS MN 55414 | SCOTT M JOHNSON | RESIDENTIAL-TWO UNIT | $351,300 | 201 ft |
Most Recent Sale
Current Tax Year