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 4,950 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 415 8TH ST S E MINNEAPOLIS MN 55414 | WILLIAM E HUNTZICKER & WIFE | RESIDENTIAL | $346,000 | 60 ft |
| 807 5TH AVE S E MINNEAPOLIS MN 55414 | ROBERTA A ADAMCZYK ET AL | RESIDENTIAL | $334,600 | 83 ft |
| 801 5TH AVE S E MINNEAPOLIS MN 55414 | NORTH STAR PARTNERS LLC | RESIDENTIAL-TWO UNIT | $427,200 | 85 ft |
| 409 8TH ST S E MINNEAPOLIS MN 55414 | E ERICKSON & R ERICKSON | RESIDENTIAL | $352,000 | 117 ft |
| 416 9TH ST S E MINNEAPOLIS MN 55414 | KAREN C KINOSHITA | RESIDENTIAL | $356,000 | 118 ft |
| 412 9TH ST S E MINNEAPOLIS MN 55414 | NANCY L PETTYGROVE | RESIDENTIAL-TWO UNIT | $368,900 | 132 ft |
| 815 5TH AVE S E MINNEAPOLIS MN 55414 | RON P JANZEN | RESIDENTIAL-TWO UNIT | $482,100 | 139 ft |
| 408 9TH ST S E MINNEAPOLIS MN 55414 | JENNIFER C VEECH | RESIDENTIAL | $338,600 | 166 ft |
| 401 8TH ST S E MINNEAPOLIS MN 55414 | LIVE CLOSE IV LLC | APARTMENT | $814,000 | 177 ft |
| 404 9TH ST S E MINNEAPOLIS MN 55414 | CANDACE ANN SIMMONS ET AL | RESIDENTIAL | $297,000 | 204 ft |
Most Recent Sale
Current Tax Year