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.
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
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 1,270 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 722 12TH AVE S E MINNEAPOLIS MN 55414 | 722 12TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $760,900 | 41 ft |
| 716 12TH AVE S E MINNEAPOLIS MN 55414 | 716 12TH AVE SE LLC | APARTMENT | $2,193,000 | 60 ft |
| 1208 8TH ST S E MINNEAPOLIS MN 55414 | 1208 8TH STREET LLC | RESIDENTIAL | $328,000 | 73 ft |
| 730 12TH AVE S E MINNEAPOLIS MN 55414 | EDWARD M & HEIDI SCHAEFER | RESIDENTIAL | $282,900 | 82 ft |
| 1212 8TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL | $377,000 | 111 ft |
| 1205 7TH ST S E MINNEAPOLIS MN 55414 | TIM HARMSEN & KAREN HARMSEN | RESIDENTIAL-TWO UNIT | $713,800 | 152 ft |
| 1201 7TH ST S E MINNEAPOLIS MN 55414 | NAYCO GROUP LLC | APARTMENT | $856,000 | 152 ft |
| 1214 8TH ST S E MINNEAPOLIS MN 55414 | 1214 8TH ST SE LLC | RESIDENTIAL | $331,000 | 154 ft |
| 1126 8TH ST S E MINNEAPOLIS MN 55414 | NORA PROPERTIES LLC | RESIDENTIAL | $302,100 | 157 ft |
| 721 12TH AVE S E MINNEAPOLIS MN 55414 | G HOWE & SONS LLC | RESIDENTIAL-TWO UNIT | $387,300 | 160 ft |
Most Recent Sale
Current Tax Year