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.
7 permits on record since 2020 · $63K total declared value · Most recent: Oct 2024 (misc)
BAYPORT ROOFING AND SIDING LLC
Minnesota Rusco Inc
WISE DESIGN & REMODEL LLC
Janecky Plumbing Service Inc
Janecky Plumbing Service 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 7,079 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 500 7TH ST S E MINNEAPOLIS MN 55414 | SCOTT W HOLMQUIST | APARTMENT | $507,100 | 66 ft |
| 512 7TH ST S E MINNEAPOLIS MN 55414 | CORDELIA S C PIERSON | RESIDENTIAL-TWO UNIT | $572,200 | 66 ft |
| 518 7TH ST S E MINNEAPOLIS MN 55414 | ANDREW E MORSE REV TR ET AL | RESIDENTIAL | $389,500 | 133 ft |
| 509 6TH ST S E MINNEAPOLIS MN 55414 | BLACK DOG SERVICES LLC | TRIPLEX | $705,400 | 166 ft |
| 515 6TH ST S E MINNEAPOLIS MN 55414 | LEE D HANSON | RESIDENTIAL | $703,000 | 178 ft |
| 501 6TH ST S E MINNEAPOLIS MN 55414 | 501 6TH ST SE LLC | APARTMENT | $1,345,000 | 178 ft |
| 526 7TH ST S E MINNEAPOLIS MN 55414 | P J HUDLESTON, B E HUDLESTON | RESIDENTIAL | $921,000 | 199 ft |
| 521 6TH ST S E MINNEAPOLIS MN 55414 | ELLEN R HASTINGS | TRIPLEX | $704,400 | 212 ft |
| 509 7TH ST S E MINNEAPOLIS MN 55414 | THOMAS R BARRY | RESIDENTIAL | $419,000 | 215 ft |
| 700 5TH AVE S E MINNEAPOLIS MN 55414 | NIPHA M ST MARIE | RESIDENTIAL | $524,500 | 224 ft |
Current Tax Year