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.
No permits found in Minneapolis open data for this parcel.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 720 12TH AVE S E MINNEAPOLIS MN 55414 | MARIA T FRANKLIN | RESIDENTIAL-TWO UNIT | $370,800 | 60 ft |
| 1208 8TH ST S E MINNEAPOLIS MN 55414 | 1208 8TH STREET LLC | RESIDENTIAL | $328,000 | 84 ft |
| 722 12TH AVE S E MINNEAPOLIS MN 55414 | 722 12TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $760,900 | 93 ft |
| 1212 8TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL | $377,000 | 102 ft |
| 1209 7TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | APARTMENT | $652,000 | 111 ft |
| 1205 7TH ST S E MINNEAPOLIS MN 55414 | TIM HARMSEN & KAREN HARMSEN | RESIDENTIAL-TWO UNIT | $713,800 | 111 ft |
| 1201 7TH ST S E MINNEAPOLIS MN 55414 | NAYCO GROUP LLC | APARTMENT | $856,000 | 126 ft |
| 1213 7TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL-TWO UNIT | $711,000 | 128 ft |
| 730 12TH AVE S E MINNEAPOLIS MN 55414 | EDWARD M & HEIDI SCHAEFER | RESIDENTIAL | $282,900 | 131 ft |
| 1214 8TH ST S E MINNEAPOLIS MN 55414 | 1214 8TH ST SE LLC | RESIDENTIAL | $331,000 | 134 ft |