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.
6 permits on record since 2018 · $600K total declared value · Most recent: Jul 2022 (commfdnr)
SWIFT HEATING & AIR CONDITIONING INC
Precision Plumbing and Heating Inc
North Bay Companies
TAYLOR HOME SERVICES LLC
All Pride Plumbing 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 38.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 2,630 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1125 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT LLC | RESIDENTIAL-TWO UNIT | $682,500 | 41 ft |
| 1121 8TH ST S E MINNEAPOLIS MN 55414 | GOLDEN LODGE LLC | APARTMENT | $986,000 | 83 ft |
| 813 12TH AVE S E MINNEAPOLIS MN 55414 | 813 12TH AVE SE LLC | APARTMENT | $1,378,000 | 115 ft |
| 1117 8TH ST S E MINNEAPOLIS MN 55414 | GO GOPHER RENTALS LLC | TRIPLEX | $799,800 | 124 ft |
| 1201 8TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | RESIDENTIAL | $229,800 | 131 ft |
| 804 12TH AVE S E MINNEAPOLIS MN 55414 | OKAPI LLC | RESIDENTIAL-TWO UNIT | $260,100 | 135 ft |
| 806 12TH AVE S E MINNEAPOLIS MN 55414 | 806 12TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $595,700 | 142 ft |
| 815 12TH AVE S E MINNEAPOLIS MN 55414 | MARGARET BREIVIK | RESIDENTIAL | $224,500 | 146 ft |
| 808 12TH AVE S E MINNEAPOLIS MN 55414 | THE GOLDEN LODGE LLC | RESIDENTIAL-TWO UNIT | $332,600 | 148 ft |
| 1113 8TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $1,097,200 | 165 ft |
Most Recent Sale
Current Tax Year