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.
1 permit on record since 2019 · $9K total declared value · Most recent: Nov 2019 (commercial multi-family)
TEAM MECHANICAL INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1037
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 4,972 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 343 8TH ST S E MINNEAPOLIS MN 55414 | JOHANNES EDWARD WIECHMAN | RESIDENTIAL | $329,000 | 50 ft |
| 409 8TH ST S E MINNEAPOLIS MN 55414 | E ERICKSON & R ERICKSON | RESIDENTIAL | $352,000 | 60 ft |
| 339 8TH ST S E MINNEAPOLIS MN 55414 | FLANDERS GROUP LLC | RESIDENTIAL-TWO UNIT | $413,300 | 90 ft |
| 415 8TH ST S E MINNEAPOLIS MN 55414 | WILLIAM E HUNTZICKER & WIFE | RESIDENTIAL | $346,000 | 117 ft |
| 404 9TH ST S E MINNEAPOLIS MN 55414 | CANDACE ANN SIMMONS ET AL | RESIDENTIAL | $297,000 | 123 ft |
| 338 9TH ST S E MINNEAPOLIS MN 55414 | BETTY M ELO | RESIDENTIAL | $316,000 | 130 ft |
| 408 9TH ST S E MINNEAPOLIS MN 55414 | JENNIFER C VEECH | RESIDENTIAL | $338,600 | 137 ft |
| 330 9TH ST S E MINNEAPOLIS MN 55414 | LANDUCCI'S 9TH ST FLATS LLC | APARTMENT | $1,950,000 | 164 ft |
| 412 9TH ST S E MINNEAPOLIS MN 55414 | NANCY L PETTYGROVE | RESIDENTIAL-TWO UNIT | $368,900 | 171 ft |
| 421 8TH ST S E MINNEAPOLIS MN 55414 | JULIETTE R LA BISSONIERE | APARTMENT | $540,100 | 177 ft |
Most Recent Sale
Current Tax Year