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 2017 · Most recent: Dec 2018 (res)
CenterPoint Energy Resource Corp
CENTERPOINT ENERGY
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 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 6,255 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 408 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT V LLC | RESIDENTIAL-ZERO LOT LINE | $245,700 | 46 ft |
| 400 8TH ST S E MINNEAPOLIS MN 55414 | NOAH J ROUEN | RESIDENTIAL | $342,700 | 50 ft |
| 410 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT V LLC | RESIDENTIAL-ZERO LOT LINE | $248,800 | 78 ft |
| 338 8TH ST S E MINNEAPOLIS MN 55414 | NICHOLAS P BANITT | RESIDENTIAL | $338,900 | 90 ft |
| 414 8TH ST S E MINNEAPOLIS MN 55414 | JAYDEN HOLDINGS LLC | APARTMENT | $401,500 | 114 ft |
| 334 8TH ST S E MINNEAPOLIS MN 55414 | SCOUTS PLACE LLC | RESIDENTIAL | $297,800 | 130 ft |
| 420 8TH ST S E MINNEAPOLIS MN 55414 | OLD CHANNEL BAY COMPANES LLC | RESIDENTIAL-TWO UNIT | $402,500 | 148 ft |
| 407 7TH ST S E MINNEAPOLIS MN 55414 | ST ANTHONY APARTMENTS L L C | APARTMENT | $4,507,100 | 174 ft |
| 409 7TH ST S E MINNEAPOLIS MN 55414 | 409 LLC | APARTMENT | $509,300 | 181 ft |
| 330 8TH ST S E MINNEAPOLIS MN 55414 | 330 8TH STREET LLC | APARTMENT | $1,352,000 | 190 ft |
Most Recent Sale
Current Tax Year