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.
5 permits on record since 2017 · $28K total declared value · Most recent: Sep 2018 (existres)
McQuillan Bros Plumbing Heating & AC LLC
McQuillan Bros Plumbing Heating & AC LLC
SUSSEL CORP
APOLLO HEATING AND AIR
SUSSEL CORP
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
Urban Neighborhood 3 — medium-density residential
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 small multifamily (2–4 units, wood frame) benchmarks for 2,764 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 316 4TH ST S E MINNEAPOLIS MN 55414 | GSH PROPERTIES 1 LLC | APARTMENT | $1,371,000 | 64 ft |
| 322 3RD AVE S E MINNEAPOLIS MN 55414 | E WARD, C ROSSMAN TRUSTEES | RESIDENTIAL-TWO UNIT | $483,300 | 66 ft |
| 312 3RD AVE S E MINNEAPOLIS MN 55414 | C HANSON & A HANSON TRUSTEES | RESIDENTIAL-TWO UNIT | $584,400 | 92 ft |
| 320 4TH ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | APARTMENT | $785,000 | 128 ft |
| 307 4TH ST S E MINNEAPOLIS MN 55414 | SPECIAL SCHOOL DIST NO 1 | LAND-COMMERCIAL | $0 | 192 ft |
| 328 4TH ST S E MINNEAPOLIS MN 55414 | INTERSTATE RE INVESTOR LLC | APARTMENT | $547,800 | 192 ft |
| 301 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES II LLC | APARTMENT | $2,824,400 | 197 ft |
| 313 4TH AVE S E MINNEAPOLIS MN 55414 | MASHROT LLC | RESIDENTIAL-TWO UNIT | $512,800 | 202 ft |
| 315 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ST ANTHONY FLATS LLC | LOW INCOME RENTAL | $926,000 | 203 ft |
| 315 4TH ST S E MINNEAPOLIS MN 55414 | SPECIAL SCHOOL DIST NO 1 | LAND-COMMERCIAL | $0 | 226 ft |
Most Recent Sale
Current Tax Year