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 ↗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
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 409 2ND AVE S E MINNEAPOLIS MN 55414 | HORST EDUC ASSOC LTD PTNRSHP | RESIDENTIAL-TWO UNIT | $315,500 | 183 ft |
| 200 5TH ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS THROUGH PARK BD | LAND-COMMERCIAL | $0 | 200 ft |
| 415 2ND AVE S E MINNEAPOLIS MN 55414 | J L KASTANEK & J KASTANEK | RESIDENTIAL | $438,500 | 203 ft |
| 214 4TH ST S E MINNEAPOLIS MN 55414 | HOLMES PARKVIEW APTS LLC | APARTMENT | $1,053,000 | 223 ft |
| 119 4TH ST S E MINNEAPOLIS MN 55414 | HORST EDUCATION ASSOC LP | LAND-COMMERCIAL | $546,500 | 232 ft |
| 417 2ND AVE S E MINNEAPOLIS MN 55414 | D & M HAUCK | RESIDENTIAL-TWO UNIT | $579,200 | 260 ft |
| 124 4TH ST S E MINNEAPOLIS MN 55414 | LABOR RETREAT HOUSING PR LP | LOW INCOME RENTAL | $7,476,000 | 305 ft |
| 429 2ND AVE S E MINNEAPOLIS MN 55414 | JEFFREY ANSHUS | CONDOMINIUM | $341,000 | 309 ft |
| 429 2ND AVE S E MINNEAPOLIS MN 55414 | DANA HODAPP & ANDREW CARLSON | CONDOMINIUM | $343,000 | 309 ft |
| 429 2ND AVE S E MINNEAPOLIS MN 55414 | CHRISTOPHER OLSEN | CONDOMINIUM | $358,000 | 309 ft |
Most Recent Sale
Current Tax Year