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.
2 permits on record since 2017 · $59K total declared value · Most recent: May 2017 (commercial multi-family)
SWIFT HEATING & AIR CONDITIONING INC
All Pride Plumbing 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 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 small multifamily (2–4 units, wood frame) benchmarks for 2,913 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1105 8TH ST S E MINNEAPOLIS MN 55414 | SAMIHA M RIFAI | RESIDENTIAL-TWO UNIT | $557,200 | 41 ft |
| 1113 8TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $1,097,200 | 41 ft |
| 1117 8TH ST S E MINNEAPOLIS MN 55414 | GO GOPHER RENTALS LLC | TRIPLEX | $799,800 | 82 ft |
| 1101 8TH ST S E MINNEAPOLIS MN 55414 | MATTHEW A & LAUREN S HOWE | RESIDENTIAL | $369,000 | 83 ft |
| 1121 8TH ST S E MINNEAPOLIS MN 55414 | GOLDEN LODGE LLC | APARTMENT | $986,000 | 124 ft |
| 814 11TH AVE S E MINNEAPOLIS MN 55414 | KCK II PROPERTIES LLC ET AL | APARTMENT | $1,875,000 | 132 ft |
| 1125 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT LLC | RESIDENTIAL-TWO UNIT | $682,500 | 165 ft |
| 813 12TH AVE S E MINNEAPOLIS MN 55414 | 813 12TH AVE SE LLC | APARTMENT | $1,378,000 | 179 ft |
| 818 11TH AVE S E MINNEAPOLIS MN 55414 | WITKOWSKI FAMILY TRUST | RESIDENTIAL | $291,000 | 195 ft |
| 815 12TH AVE S E MINNEAPOLIS MN 55414 | MARGARET BREIVIK | RESIDENTIAL | $224,500 | 199 ft |
Most Recent Sale
Current Tax Year