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 2025 · Most recent: Oct 2025 (res)
Sandcreek Plumbing 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 1,444 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 430 8TH ST S E MINNEAPOLIS MN 55414 | 430 8TH STREET SOUTHEAST LLC | RESIDENTIAL-TWO UNIT | $398,300 | 44 ft |
| 719 5TH AVE S E MINNEAPOLIS MN 55414 | ATHITTHARN ATCHAWONG | RESIDENTIAL | $356,000 | 93 ft |
| 426 8TH ST S E MINNEAPOLIS MN 55414 | JOHN P GEYEN | RESIDENTIAL-TWO UNIT | $531,900 | 100 ft |
| 722 5TH AVE S E MINNEAPOLIS MN 55414 | C R ARKO & J A IVERSON | RESIDENTIAL | $289,900 | 130 ft |
| 420 8TH ST S E MINNEAPOLIS MN 55414 | OLD CHANNEL BAY COMPANES LLC | RESIDENTIAL-TWO UNIT | $402,500 | 147 ft |
| 711 5TH AVE S E MINNEAPOLIS MN 55414 | COMO7 LLC | RESIDENTIAL | $325,000 | 149 ft |
| 801 5TH AVE S E MINNEAPOLIS MN 55414 | NORTH STAR PARTNERS LLC | RESIDENTIAL-TWO UNIT | $427,200 | 170 ft |
| 506 8TH ST S E MINNEAPOLIS MN 55414 | HENRY H DICKSON ETAL | RESIDENTIAL-TWO UNIT | $396,100 | 173 ft |
| 414 8TH ST S E MINNEAPOLIS MN 55414 | JAYDEN HOLDINGS LLC | APARTMENT | $401,500 | 181 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | NICHOLAS WALKER ESTES | CONDOMINIUM | $242,000 | 201 ft |
Most Recent Sale
Current Tax Year