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 2009 · $119K total declared value · Most recent: Feb 2023 (existres)
Standard Heating and Air Conditioning Inc
Standard Heating and Air Conditioning Inc
BURNOMATIC
Centraire Heating & Air Conditioning LLC
ED ERICKSON CONSTRUCTION
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 1,450 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 707 6TH AVE S E MINNEAPOLIS MN 55414 | LILLIANE A ROSENGREN | RESIDENTIAL | $391,000 | 53 ft |
| 523 7TH ST S E MINNEAPOLIS MN 55414 | S C BROWN & K L BROWN | RESIDENTIAL | $590,000 | 78 ft |
| 711 6TH AVE S E MINNEAPOLIS MN 55414 | COMO7 LLC | RESIDENTIAL | $312,000 | 111 ft |
| 513 7TH ST S E MINNEAPOLIS MN 55414 | J MCDONAGH & J MCDONAGH | RESIDENTIAL-TWO UNIT | $567,600 | 130 ft |
| 601 7TH ST S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL | $449,800 | 144 ft |
| 527 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 154 ft |
| 715 6TH AVE S E MINNEAPOLIS MN 55414 | 715 6TH AVENUE SE LLC | RESIDENTIAL-TWO UNIT | $500,700 | 157 ft |
| 723 6TH AVE S E MINNEAPOLIS MN 55414 | JAMES GALLET LANGFORD | RESIDENTIAL | $16,000 | 177 ft |
| 509 7TH ST S E MINNEAPOLIS MN 55414 | C & J LUNDEEN | RESIDENTIAL | $16,000 | 189 ft |
| 721 6TH AVE S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 190 ft |
Most Recent Sale
Current Tax Year