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 ↗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 2007 · $1.1M total declared value · Most recent: Dec 2007 (binb)
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,604 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1331 8TH ST S E MINNEAPOLIS MN 55414 | 801 14TH AVE LLC ET AL | TRIPLEX | $1,151,000 | 41 ft |
| 1323 8TH ST S E MINNEAPOLIS MN 55414 | 1323 8TH STREET LLC | TRIPLEX | $1,238,300 | 83 ft |
| 1317 8TH ST S E MINNEAPOLIS MN 55414 | 1317 8TH STREET LLC | TRIPLEX | $1,151,000 | 124 ft |
| 1315 8TH ST S E MINNEAPOLIS MN 55414 | 1315 8TH ST LLC | TRIPLEX | $1,151,000 | 165 ft |
| 1324 8TH ST S E MINNEAPOLIS MN 55414 | HOWE BROTHERS LLC | RESIDENTIAL-TWO UNIT | $362,500 | 202 ft |
| 815 14TH AVE S E MINNEAPOLIS MN 55414 | THE RAIL LLC | APARTMENT | $9,393,000 | 206 ft |
| 1309 8TH ST S E MINNEAPOLIS MN 55414 | 1309 8TH ST LLC | TRIPLEX | $1,151,000 | 206 ft |
| 1326 8TH ST S E MINNEAPOLIS MN 55414 | 1326 8TH ST SE LLC | RESIDENTIAL | $545,200 | 218 ft |
| 728 14TH AVE S E MINNEAPOLIS MN 55414 | 728 14TH AVE SE LLC | VACANT LAND-RESIDENTIAL | $149,000 | 223 ft |
| 1318 8TH ST S E MINNEAPOLIS MN 55414 | 1318 8TH ST SE LLC | TRIPLEX | $1,289,100 | 224 ft |
Current Tax Year