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 ↗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
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 2,277 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 518 8TH ST S E MINNEAPOLIS MN 55414 | IRAJ BASHIRI ETAL | RESIDENTIAL | $364,700 | 42 ft |
| 510 8TH ST S E MINNEAPOLIS MN 55414 | THOMAS RALPH | RESIDENTIAL-TWO UNIT | $577,500 | 42 ft |
| 522 8TH ST S E MINNEAPOLIS MN 55414 | E A W LANGFORD/J G LANGFORD | RESIDENTIAL | $303,600 | 80 ft |
| 506 8TH ST S E MINNEAPOLIS MN 55414 | HENRY H DICKSON ETAL | RESIDENTIAL-TWO UNIT | $396,100 | 82 ft |
| 721 6TH AVE S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 99 ft |
| 723 6TH AVE S E MINNEAPOLIS MN 55414 | JAMES GALLET LANGFORD | RESIDENTIAL | $16,000 | 111 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | NICHOLAS WALKER ESTES | CONDOMINIUM | $242,000 | 114 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | SHANNON GOLDEN | CONDOMINIUM | $317,000 | 114 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | BENJI ENCALADA & AMY PINDER | CONDOMINIUM | $242,000 | 114 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | SOPHIA APPLIN | CONDOMINIUM | $221,000 | 114 ft |
Most Recent Sale
Current Tax Year