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 2003 · $98K total declared value · Most recent: Nov 2018 (roofwind)
CNC 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
Lot dimensions are insufficient for the standard setbacks shown.
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 3,228 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 824 5TH AVE S E MINNEAPOLIS MN 55414 | RACHEL COMMERFORD | RESIDENTIAL-TWO UNIT | $387,300 | 40 ft |
| 820 5TH AVE S E MINNEAPOLIS MN 55414 | LEROY R ERICKSON REVOC TRUST | RESIDENTIAL | $413,100 | 80 ft |
| 816 5TH AVE S E MINNEAPOLIS MN 55414 | ISABELLA MARLEEN BOWERS | RESIDENTIAL | $380,900 | 120 ft |
| 812 5TH AVE S E MINNEAPOLIS MN 55414 | C E MORAN & J A KOEHLER | RESIDENTIAL | $446,200 | 160 ft |
| 831 6TH AVE S E MINNEAPOLIS MN 55414 | HILLCREST DEVELOPMENT | LAND-COMMERCIAL | $229,000 | 174 ft |
| 821 6TH AVE S E MINNEAPOLIS MN 55414 | 821 6TH AVE SE LLC | APARTMENT | $7,500,000 | 213 ft |
| 815 5TH AVE S E MINNEAPOLIS MN 55414 | RON P JANZEN | RESIDENTIAL-TWO UNIT | $482,100 | 242 ft |
| 509 8TH ST S E MINNEAPOLIS MN 55414 | KEVIN MONE | RESIDENTIAL-TWO UNIT | $400,500 | 253 ft |
| 505 8TH ST S E MINNEAPOLIS MN 55414 | 501 8TH ST SE LLC | APARTMENT | $1,040,000 | 253 ft |
| 501 8TH ST S E MINNEAPOLIS MN 55414 | S KJELLBERG & H MORLEY | RESIDENTIAL-TWO UNIT | $407,800 | 259 ft |
Most Recent Sale
Current Tax Year