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.
2 permits on record since 2024 · $53K total declared value · Most recent: Jan 2025 (misc)
PROMINENT CONSTRUCTION LLC
PROMINENT 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
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 2,480 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 525 8TH ST S E MINNEAPOLIS MN 55414 | JENNY WEST | RESIDENTIAL | $422,700 | 43 ft |
| 521 8TH ST S E MINNEAPOLIS MN 55414 | 517 8TH ST LLC | RESIDENTIAL | $82,000 | 84 ft |
| 517 8TH ST S E MINNEAPOLIS MN 55414 | 517 8TH ST LLC | APARTMENT | $685,000 | 125 ft |
| 821 6TH AVE S E MINNEAPOLIS MN 55414 | 821 6TH AVE SE LLC | APARTMENT | $7,500,000 | 140 ft |
| 515 8TH ST S E MINNEAPOLIS MN 55414 | JEANNE OLSEN | RESIDENTIAL | $328,400 | 166 ft |
| 528 8TH ST S E MINNEAPOLIS MN 55414 | C T & J L LUNDEEN | RESIDENTIAL | $273,300 | 171 ft |
| 524 8TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/ERIKA LANGFORD | RESIDENTIAL-TWO UNIT | $361,500 | 196 ft |
| 509 8TH ST S E MINNEAPOLIS MN 55414 | KEVIN MONE | RESIDENTIAL-TWO UNIT | $400,500 | 206 ft |
| 522 8TH ST S E MINNEAPOLIS MN 55414 | E A W LANGFORD/J G LANGFORD | RESIDENTIAL | $303,600 | 207 ft |
| 600 8TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD & E LANGFORD | RESIDENTIAL | $291,500 | 220 ft |
Most Recent Sale
Current Tax Year