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.
1 permit on record since 2019 · Most recent: Apr 2019 (existres)
Freedom Heating and Air Conditioning Inc
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 4,032 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 513 7TH ST S E MINNEAPOLIS MN 55414 | J MCDONAGH & J MCDONAGH | RESIDENTIAL-TWO UNIT | $567,600 | 61 ft |
| 700 5TH AVE S E MINNEAPOLIS MN 55414 | NIPHA M ST MARIE | RESIDENTIAL | $524,500 | 72 ft |
| 507 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | RESIDENTIAL | $26,000 | 90 ft |
| 509 7TH ST S E MINNEAPOLIS MN 55414 | C & J LUNDEEN | RESIDENTIAL | $16,000 | 96 ft |
| 712 5TH AVE S E MINNEAPOLIS MN 55414 | A E BROWN & S M BROWN | RESIDENTIAL | $420,000 | 105 ft |
| 523 7TH ST S E MINNEAPOLIS MN 55414 | S C BROWN & K L BROWN | RESIDENTIAL | $590,000 | 118 ft |
| 527 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 121 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | NICHOLAS WALKER ESTES | CONDOMINIUM | $242,000 | 139 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | SHANNON GOLDEN | CONDOMINIUM | $317,000 | 139 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | BENJI ENCALADA & AMY PINDER | CONDOMINIUM | $242,000 | 139 ft |
Most Recent Sale
Current Tax Year