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 2022 · $9K total declared value · Most recent: Apr 2022 (commfdrr)
Dean's Professional Plumbing Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 4,214 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | NICHOLAS WALKER ESTES | CONDOMINIUM | $242,000 | 0 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | SHANNON GOLDEN | CONDOMINIUM | $317,000 | 0 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | SOPHIA APPLIN | CONDOMINIUM | $221,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 712 5TH AVE S E MINNEAPOLIS MN 55414 | A E BROWN & S M BROWN | RESIDENTIAL | $420,000 | 53 ft |
| 507 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | RESIDENTIAL | $26,000 | 61 ft |
| 509 7TH ST S E MINNEAPOLIS MN 55414 | C & J LUNDEEN | RESIDENTIAL | $16,000 | 80 ft |
| 506 8TH ST S E MINNEAPOLIS MN 55414 | HENRY H DICKSON ETAL | RESIDENTIAL-TWO UNIT | $396,100 | 90 ft |
| 510 8TH ST S E MINNEAPOLIS MN 55414 | THOMAS RALPH | RESIDENTIAL-TWO UNIT | $577,500 | 94 ft |
| 722 5TH AVE S E MINNEAPOLIS MN 55414 | C R ARKO & J A IVERSON | RESIDENTIAL | $289,900 | 105 ft |
Most Recent Sale
Current Tax Year