ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2019 · $3K total declared value · Most recent: Dec 2019 (commercial multi-family)
ST PAUL PLUMBING AND HEATING CO INC
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
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 small multifamily (2–4 units, wood frame) benchmarks for 1,562 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 320 4TH ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | APARTMENT | $785,000 | 80 ft |
| 313 4TH AVE S E MINNEAPOLIS MN 55414 | MASHROT LLC | RESIDENTIAL-TWO UNIT | $512,800 | 83 ft |
| 316 4TH ST S E MINNEAPOLIS MN 55414 | GSH PROPERTIES 1 LLC | APARTMENT | $1,371,000 | 140 ft |
| 316 4TH AVE S E MINNEAPOLIS MN 55414 | IGLESIA CRISTIANA ALFA Y OME | COMMERCIAL-PREFERRED | $0 | 159 ft |
| 310 4TH ST S E MINNEAPOLIS MN 55414 | RICHARD KEHNEMAN | RESIDENTIAL-TWO UNIT | $430,200 | 192 ft |
| 323 4TH ST S E MINNEAPOLIS MN 55414 | SPECIAL SCHOOL DIST NO 1 | LAND-COMMERCIAL | $0 | 211 ft |
| 327 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 327 UNIVERSITY LLC | APARTMENT | $1,570,000 | 211 ft |
| 321 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | RED FOX PRTSHP | COMMERCIAL-PREFERRED | $642,000 | 221 ft |
| 408 4TH ST S E MINNEAPOLIS MN 55414 | 408 4TH ST SE LLC | APARTMENT | $3,490,000 | 223 ft |
| 315 4TH ST S E MINNEAPOLIS MN 55414 | SPECIAL SCHOOL DIST NO 1 | LAND-COMMERCIAL | $0 | 240 ft |
Most Recent Sale
Current Tax Year