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 ↗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.
5 permits on record since 2020 · $138K total declared value · Most recent: Jun 2021 (misc)
AUSTAD CONSTRUCTION INC
WHITE CRANE CONSTRUCTION
Bill Rascher Mechanical Inc
Henderson Heating and AC LLC
Master Plumbing Services LLC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,935 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 621 5TH AVE S E MINNEAPOLIS MN 55414 | 621 5TH AVENUE SOUTHEAST LLC | APARTMENT | $1,728,000 | 82 ft |
| 418 7TH ST S E MINNEAPOLIS MN 55414 | THE COLE DIVISION LLC | APARTMENT | $1,279,000 | 114 ft |
| 705 5TH AVE S E MINNEAPOLIS MN 55414 | NATHAN TRAVIS | RESIDENTIAL | $463,200 | 160 ft |
| 423 7TH ST S E MINNEAPOLIS MN 55414 | BARBARA LESLIE CAMM | RESIDENTIAL | $388,600 | 162 ft |
| 414 7TH ST S E MINNEAPOLIS MN 55414 | LLAMA LLC | APARTMENT | $1,149,000 | 175 ft |
| 615 5TH AVE S E MINNEAPOLIS MN 55414 | DOMI PROPERTIES IV LLC | APARTMENT | $1,090,000 | 176 ft |
| 500 7TH ST S E MINNEAPOLIS MN 55414 | SCOTT W HOLMQUIST | APARTMENT | $507,100 | 188 ft |
| 421 7TH ST S E MINNEAPOLIS MN 55414 | 421 NE LLC | RESIDENTIAL | $301,100 | 216 ft |
| 425 6TH ST S E MINNEAPOLIS MN 55414 | A R S NAUGHTON & K M MCLAIN | RESIDENTIAL | $729,700 | 223 ft |
| 415 7TH ST S E MINNEAPOLIS MN 55414 | 421 NE LLC | RESIDENTIAL | $255,000 | 233 ft |
Most Recent Sale
Current Tax Year