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.
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
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 4,413 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1314 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT III LLC | APARTMENT | $2,140,000 | 46 ft |
| 1310 8TH ST S E MINNEAPOLIS MN 55414 | COMO INVSTMNT PROPERTIES LLC | RESIDENTIAL | $418,900 | 59 ft |
| 718 13TH AVE S E MINNEAPOLIS MN 55414 | 718 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $828,900 | 85 ft |
| 1318 8TH ST S E MINNEAPOLIS MN 55414 | 1318 8TH ST SE LLC | TRIPLEX | $1,289,100 | 91 ft |
| 716 13TH AVE S E MINNEAPOLIS MN 55414 | 716 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $895,200 | 103 ft |
| 722 13TH AVE S E MINNEAPOLIS MN 55414 | ANNE WEISENSEE/TODD PURTELL | RESIDENTIAL | $458,500 | 105 ft |
| 728 13TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL-TWO UNIT | $360,400 | 120 ft |
| 710 13TH AVE S E MINNEAPOLIS MN 55414 | 710 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $796,900 | 129 ft |
| 1324 8TH ST S E MINNEAPOLIS MN 55414 | HOWE BROTHERS LLC | RESIDENTIAL-TWO UNIT | $362,500 | 132 ft |
| 717 14TH AVE S E MINNEAPOLIS MN 55414 | 717 14TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $404,500 | 136 ft |
Current Tax Year