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.
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 2,363 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 521 8TH ST S E MINNEAPOLIS MN 55414 | 517 8TH ST LLC | RESIDENTIAL | $82,000 | 41 ft |
| 515 8TH ST S E MINNEAPOLIS MN 55414 | JEANNE OLSEN | RESIDENTIAL | $328,400 | 41 ft |
| 525 8TH ST S E MINNEAPOLIS MN 55414 | JENNY WEST | RESIDENTIAL | $422,700 | 82 ft |
| 509 8TH ST S E MINNEAPOLIS MN 55414 | KEVIN MONE | RESIDENTIAL-TWO UNIT | $400,500 | 82 ft |
| 505 8TH ST S E MINNEAPOLIS MN 55414 | 501 8TH ST SE LLC | APARTMENT | $1,040,000 | 123 ft |
| 529 8TH ST S E MINNEAPOLIS MN 55414 | JAY C NIELSEN | RESIDENTIAL-TWO UNIT | $444,600 | 125 ft |
| 812 5TH AVE S E MINNEAPOLIS MN 55414 | C E MORAN & J A KOEHLER | RESIDENTIAL | $446,200 | 139 ft |
| 821 6TH AVE S E MINNEAPOLIS MN 55414 | 821 6TH AVE SE LLC | APARTMENT | $7,500,000 | 144 ft |
| 501 8TH ST S E MINNEAPOLIS MN 55414 | S KJELLBERG & H MORLEY | RESIDENTIAL-TWO UNIT | $407,800 | 163 ft |
| 816 5TH AVE S E MINNEAPOLIS MN 55414 | ISABELLA MARLEEN BOWERS | RESIDENTIAL | $380,900 | 169 ft |
Most Recent Sale
Current Tax Year