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.
3 permits on record since 2018 · $21K total declared value · Most recent: Jan 2026 (private)
Nitti Rolloff Services Inc
CHRIS MANGROO LLC
CRAFTSMEN HOME IMPROVEMENT 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 1039
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 2 — moderate-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 4,003 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1219 7TH ST S E MINNEAPOLIS MN 55414 | 1219 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $468,200 | 48 ft |
| 1229 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN REALTY LLC | TRIPLEX | $604,000 | 53 ft |
| 1213 7TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL-TWO UNIT | $711,000 | 99 ft |
| 715 13TH AVE S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT IV LLC | APARTMENT | $2,193,000 | 109 ft |
| 1209 7TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | APARTMENT | $652,000 | 145 ft |
| 719 13TH AVE S E MINNEAPOLIS MN 55414 | TRUST ENTERPRISES LLC | RESIDENTIAL | $381,400 | 152 ft |
| 1205 7TH ST S E MINNEAPOLIS MN 55414 | TIM HARMSEN & KAREN HARMSEN | RESIDENTIAL-TWO UNIT | $713,800 | 186 ft |
| 723 13TH AVE S E MINNEAPOLIS MN 55414 | 13TH AVENUE LLC | RESIDENTIAL | $334,000 | 193 ft |
| 1301 7TH ST S E MINNEAPOLIS MN 55414 | T C & K L HARMSEN | APARTMENT | $725,000 | 194 ft |
| 708 13TH AVE S E MINNEAPOLIS MN 55414 | T HARMSEN & K I HARMSEN | RESIDENTIAL | $327,300 | 196 ft |
Most Recent Sale
Current Tax Year