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.
8 permits on record since 2017 · $19K total declared value · Most recent: Aug 2024 (misc)
Sunny Solar LLC
Price Property Services Inc
SEDGWICK HEATING & AIR CONDITIONING
POWER PLUMBING LLC
NICE NEAT PLUMBING LLC
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
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 sfr / adu benchmarks for 725 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1126 8TH ST S E MINNEAPOLIS MN 55414 | NORA PROPERTIES LLC | RESIDENTIAL | $302,100 | 40 ft |
| 1120 8TH ST S E MINNEAPOLIS MN 55414 | 1309 8TH ST LLC | RESIDENTIAL-TWO UNIT | $626,400 | 65 ft |
| 721 12TH AVE S E MINNEAPOLIS MN 55414 | G HOWE & SONS LLC | RESIDENTIAL-TWO UNIT | $387,300 | 65 ft |
| 715 12TH AVE S E MINNEAPOLIS MN 55414 | 715 12TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $743,500 | 115 ft |
| 1112 8TH ST S E MINNEAPOLIS MN 55414 | MINNRES 1112 8TH ST LLC ETAL | APARTMENT | $1,970,000 | 117 ft |
| 1125 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT LLC | RESIDENTIAL-TWO UNIT | $682,500 | 179 ft |
| 730 12TH AVE S E MINNEAPOLIS MN 55414 | EDWARD M & HEIDI SCHAEFER | RESIDENTIAL | $282,900 | 181 ft |
| 1121 8TH ST S E MINNEAPOLIS MN 55414 | GOLDEN LODGE LLC | APARTMENT | $986,000 | 182 ft |
| 722 12TH AVE S E MINNEAPOLIS MN 55414 | 722 12TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $760,900 | 183 ft |
| 1129 8TH ST S E MINNEAPOLIS MN 55414 | NB PROPERTY2 LLC | TRIPLEX | $849,600 | 184 ft |
Most Recent Sale
Current Tax Year