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 · $20K total declared value · Most recent: Sep 2017 (commercial multi-family)
H2C Inc
H2C Inc
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 1,737 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 425 6TH ST S E MINNEAPOLIS MN 55414 | A R S NAUGHTON & K M MCLAIN | RESIDENTIAL | $729,700 | 82 ft |
| 427 6TH ST S E MINNEAPOLIS MN 55414 | SAETIA FAMILY SURVIVOR'S TR | APARTMENT | $581,000 | 84 ft |
| 621 5TH AVE S E MINNEAPOLIS MN 55414 | 621 5TH AVENUE SOUTHEAST LLC | APARTMENT | $1,728,000 | 97 ft |
| 421 6TH ST S E MINNEAPOLIS MN 55414 | N HAMLETT/R HERZOG/S HERZOG | APARTMENT | $737,000 | 142 ft |
| 501 6TH ST S E MINNEAPOLIS MN 55414 | 501 6TH ST SE LLC | APARTMENT | $1,345,000 | 154 ft |
| 627 5TH AVE S E MINNEAPOLIS MN 55414 | M C EVANS & S K EVANS | RESIDENTIAL | $504,300 | 176 ft |
| 418 7TH ST S E MINNEAPOLIS MN 55414 | THE COLE DIVISION LLC | APARTMENT | $1,279,000 | 177 ft |
| 500 7TH ST S E MINNEAPOLIS MN 55414 | SCOTT W HOLMQUIST | APARTMENT | $507,100 | 187 ft |
| 415 6TH ST S E MINNEAPOLIS MN 55414 | MARGARET BODALSKI | RESIDENTIAL-TWO UNIT | $594,100 | 205 ft |
| 509 6TH ST S E MINNEAPOLIS MN 55414 | BLACK DOG SERVICES LLC | TRIPLEX | $705,400 | 218 ft |
Most Recent Sale
Current Tax Year