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 |
|---|---|---|---|---|
| 627 5TH AVE S E MINNEAPOLIS MN 55414 | M C EVANS & S K EVANS | RESIDENTIAL | $504,300 | 82 ft |
| 615 5TH AVE S E MINNEAPOLIS MN 55414 | DOMI PROPERTIES IV LLC | APARTMENT | $1,090,000 | 97 ft |
| 418 7TH ST S E MINNEAPOLIS MN 55414 | THE COLE DIVISION LLC | APARTMENT | $1,279,000 | 103 ft |
| 425 6TH ST S E MINNEAPOLIS MN 55414 | A R S NAUGHTON & K M MCLAIN | RESIDENTIAL | $729,700 | 142 ft |
| 414 7TH ST S E MINNEAPOLIS MN 55414 | LLAMA LLC | APARTMENT | $1,149,000 | 168 ft |
| 421 6TH ST S E MINNEAPOLIS MN 55414 | N HAMLETT/R HERZOG/S HERZOG | APARTMENT | $737,000 | 170 ft |
| 427 6TH ST S E MINNEAPOLIS MN 55414 | SAETIA FAMILY SURVIVOR'S TR | APARTMENT | $581,000 | 178 ft |
| 500 7TH ST S E MINNEAPOLIS MN 55414 | SCOTT W HOLMQUIST | APARTMENT | $507,100 | 182 ft |
| 415 6TH ST S E MINNEAPOLIS MN 55414 | MARGARET BODALSKI | RESIDENTIAL-TWO UNIT | $594,100 | 216 ft |
| 501 6TH ST S E MINNEAPOLIS MN 55414 | 501 6TH ST SE LLC | APARTMENT | $1,345,000 | 228 ft |