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 2005 · $194K total declared value · Most recent: Jul 2021 (res)
Roberts Plumbing Inc
Warners Stellian Co Inc
CRAFT CONSTRUCTION LLC
Roberts Plumbing Inc
CRAFT CONSTRUCTION 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
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 2,354 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 711 6TH AVE S E MINNEAPOLIS MN 55414 | COMO7 LLC | RESIDENTIAL | $312,000 | 46 ft |
| 719 6TH AVE S E MINNEAPOLIS MN 55414 | E A & J G LANGFORD | RESIDENTIAL | $270,600 | 63 ft |
| 723 6TH AVE S E MINNEAPOLIS MN 55414 | JAMES GALLET LANGFORD | RESIDENTIAL | $16,000 | 65 ft |
| 524 8TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/ERIKA LANGFORD | RESIDENTIAL-TWO UNIT | $361,500 | 91 ft |
| 721 6TH AVE S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 91 ft |
| 527 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 102 ft |
| 522 8TH ST S E MINNEAPOLIS MN 55414 | E A W LANGFORD/J G LANGFORD | RESIDENTIAL | $303,600 | 103 ft |
| 707 6TH AVE S E MINNEAPOLIS MN 55414 | LILLIANE A ROSENGREN | RESIDENTIAL | $391,000 | 105 ft |
| 528 8TH ST S E MINNEAPOLIS MN 55414 | C T & J L LUNDEEN | RESIDENTIAL | $273,300 | 113 ft |
| 518 8TH ST S E MINNEAPOLIS MN 55414 | IRAJ BASHIRI ETAL | RESIDENTIAL | $364,700 | 126 ft |
Most Recent Sale
Current Tax Year