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
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 |
|---|---|---|---|---|
| 414 7TH ST S E MINNEAPOLIS MN 55414 | LLAMA LLC | APARTMENT | $1,149,000 | 67 ft |
| 621 5TH AVE S E MINNEAPOLIS MN 55414 | 621 5TH AVENUE SOUTHEAST LLC | APARTMENT | $1,728,000 | 103 ft |
| 627 5TH AVE S E MINNEAPOLIS MN 55414 | M C EVANS & S K EVANS | RESIDENTIAL | $504,300 | 114 ft |
| 421 6TH ST S E MINNEAPOLIS MN 55414 | N HAMLETT/R HERZOG/S HERZOG | APARTMENT | $737,000 | 165 ft |
| 624 4TH AVE S E MINNEAPOLIS MN 55414 | IRVING PROPERTIES INC | APARTMENT | $1,486,000 | 170 ft |
| 630 4TH AVE S E MINNEAPOLIS MN 55414 | 630 LLC | APARTMENT | $1,047,000 | 173 ft |
| 615 5TH AVE S E MINNEAPOLIS MN 55414 | DOMI PROPERTIES IV LLC | APARTMENT | $1,090,000 | 177 ft |
| 415 6TH ST S E MINNEAPOLIS MN 55414 | MARGARET BODALSKI | RESIDENTIAL-TWO UNIT | $594,100 | 178 ft |
| 425 6TH ST S E MINNEAPOLIS MN 55414 | A R S NAUGHTON & K M MCLAIN | RESIDENTIAL | $729,700 | 178 ft |
| 409 6TH ST S E MINNEAPOLIS MN 55414 | JACOB OSWALD & KARL CASSEL | VACANT LAND-RESIDENTIAL | $6,000 | 200 ft |