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.
No permits found in Minneapolis open data for this parcel.
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 5,564 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 415 7TH ST S E MINNEAPOLIS MN 55414 | 421 NE LLC | RESIDENTIAL | $255,000 | 47 ft |
| 421 7TH ST S E MINNEAPOLIS MN 55414 | 421 NE LLC | RESIDENTIAL | $301,100 | 88 ft |
| 407 7TH ST S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $4,507,100 | 130 ft |
| 423 7TH ST S E MINNEAPOLIS MN 55414 | BARBARA LESLIE CAMM | RESIDENTIAL | $388,600 | 143 ft |
| 410 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT V LLC | RESIDENTIAL-ZERO LOT LINE | $248,800 | 165 ft |
| 408 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT V LLC | RESIDENTIAL-ZERO LOT LINE | $245,700 | 168 ft |
| 414 8TH ST S E MINNEAPOLIS MN 55414 | JAYDEN HOLDINGS LLC | APARTMENT | $401,500 | 170 ft |
| 404 8TH ST S E MINNEAPOLIS MN 55414 | 404 8TH STREET JG LLC ET AL | APARTMENT | $775,000 | 181 ft |
| 711 5TH AVE S E MINNEAPOLIS MN 55414 | COMO7 LLC | RESIDENTIAL | $325,000 | 182 ft |
| 420 8TH ST S E MINNEAPOLIS MN 55414 | OLD CHANNEL BAY COMPANES LLC | RESIDENTIAL-TWO UNIT | $402,500 | 187 ft |
Most Recent Sale
Current Tax Year