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.
No permits found in Minneapolis open data for this parcel.
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 3,771 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 | 58 ft |
| 707 6TH AVE S E MINNEAPOLIS MN 55414 | LILLIANE A ROSENGREN | RESIDENTIAL | $391,000 | 74 ft |
| 527 7TH ST S E MINNEAPOLIS MN 55414 | P CHRENKA III & M B BALLARD | RESIDENTIAL | $584,000 | 78 ft |
| 527 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 85 ft |
| 711 6TH AVE S E MINNEAPOLIS MN 55414 | COMO7 LLC | RESIDENTIAL | $312,000 | 94 ft |
| 509 7TH ST S E MINNEAPOLIS MN 55414 | C & J LUNDEEN | RESIDENTIAL | $16,000 | 113 ft |
| 509 7TH ST S E MINNEAPOLIS MN 55414 | THOMAS R BARRY | RESIDENTIAL | $419,000 | 118 ft |
| 723 6TH AVE S E MINNEAPOLIS MN 55414 | JAMES GALLET LANGFORD | RESIDENTIAL | $16,000 | 124 ft |
| 721 6TH AVE S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 129 ft |
| 507 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | RESIDENTIAL | $26,000 | 133 ft |
Most Recent Sale
Current Tax Year