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 ↗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 · $150K total declared value · Most recent: Aug 2018 (res)
Hearth and Home Technologies LLC
Kalmes Mechanical Inc
CAMELOT PROPERTIES AND INVESTMENTS INC
ALBERTSON MECHANICAL LLC
WHITE STONE CONSTRUCTION
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 3,575 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1209 7TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | APARTMENT | $652,000 | 41 ft |
| 1201 7TH ST S E MINNEAPOLIS MN 55414 | NAYCO GROUP LLC | APARTMENT | $856,000 | 41 ft |
| 1213 7TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL-TWO UNIT | $711,000 | 87 ft |
| 716 12TH AVE S E MINNEAPOLIS MN 55414 | 716 12TH AVE SE LLC | APARTMENT | $2,193,000 | 111 ft |
| 1219 7TH ST S E MINNEAPOLIS MN 55414 | 1219 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $468,200 | 138 ft |
| 720 12TH AVE S E MINNEAPOLIS MN 55414 | MARIA T FRANKLIN | RESIDENTIAL-TWO UNIT | $370,800 | 152 ft |
| 705 12TH AVE S E MINNEAPOLIS MN 55414 | LARRY J & KATHLEEN A ALBERTS | RESIDENTIAL | $787,100 | 183 ft |
| 1225 7TH ST S E MINNEAPOLIS MN 55414 | 1225 7TH ST SE LLC | RESIDENTIAL | $439,000 | 186 ft |
| 722 12TH AVE S E MINNEAPOLIS MN 55414 | 722 12TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $760,900 | 193 ft |
| 1208 8TH ST S E MINNEAPOLIS MN 55414 | 1208 8TH STREET LLC | RESIDENTIAL | $328,000 | 196 ft |
Most Recent Sale
Current Tax Year