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 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 418 7TH ST S E MINNEAPOLIS MN 55414 | THE COLE DIVISION LLC | APARTMENT | $1,279,000 | 67 ft |
| 624 4TH AVE S E MINNEAPOLIS MN 55414 | IRVING PROPERTIES INC | APARTMENT | $1,486,000 | 106 ft |
| 630 4TH AVE S E MINNEAPOLIS MN 55414 | 630 LLC | APARTMENT | $1,047,000 | 110 ft |
| 614 4TH AVE S E MINNEAPOLIS MN 55414 | RONGHUA VI LLC | RESIDENTIAL | $307,400 | 151 ft |
| 409 6TH ST S E MINNEAPOLIS MN 55414 | JACOB OSWALD & KARL CASSEL | VACANT LAND-RESIDENTIAL | $6,000 | 159 ft |
| 415 6TH ST S E MINNEAPOLIS MN 55414 | MARGARET BODALSKI | RESIDENTIAL-TWO UNIT | $594,100 | 166 ft |
| 621 5TH AVE S E MINNEAPOLIS MN 55414 | 621 5TH AVENUE SOUTHEAST LLC | APARTMENT | $1,728,000 | 168 ft |
| 627 5TH AVE S E MINNEAPOLIS MN 55414 | M C EVANS & S K EVANS | RESIDENTIAL | $504,300 | 175 ft |
| 421 6TH ST S E MINNEAPOLIS MN 55414 | N HAMLETT/R HERZOG/S HERZOG | APARTMENT | $737,000 | 178 ft |
| 409 6TH ST S E MINNEAPOLIS MN 55414 | JACOB OSWALD & KARL CASSEL | RESIDENTIAL-TWO UNIT | $466,700 | 203 ft |