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 ↗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.
1 permit on record since 2026 · Most recent: Jan 2026 (commercial minor)
Warners Stellian Co 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
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 2,860 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 425 6TH ST S E MINNEAPOLIS MN 55414 | A R S NAUGHTON & K M MCLAIN | RESIDENTIAL | $729,700 | 76 ft |
| 615 5TH AVE S E MINNEAPOLIS MN 55414 | DOMI PROPERTIES IV LLC | APARTMENT | $1,090,000 | 84 ft |
| 421 6TH ST S E MINNEAPOLIS MN 55414 | N HAMLETT/R HERZOG/S HERZOG | APARTMENT | $737,000 | 138 ft |
| 501 6TH ST S E MINNEAPOLIS MN 55414 | 501 6TH ST SE LLC | APARTMENT | $1,345,000 | 150 ft |
| 621 5TH AVE S E MINNEAPOLIS MN 55414 | 621 5TH AVENUE SOUTHEAST LLC | APARTMENT | $1,728,000 | 178 ft |
| 415 6TH ST S E MINNEAPOLIS MN 55414 | MARGARET BODALSKI | RESIDENTIAL-TWO UNIT | $594,100 | 203 ft |
| 509 6TH ST S E MINNEAPOLIS MN 55414 | BLACK DOG SERVICES LLC | TRIPLEX | $705,400 | 215 ft |
| 420 6TH ST S E MINNEAPOLIS MN 55414 | S A & D L SHERLOCK | CONDOMINIUM | $343,000 | 219 ft |
| 422 6TH ST S E MINNEAPOLIS MN 55414 | BOYD N KOEHLER ETAL | CONDOMINIUM | $346,000 | 219 ft |
| MN | Unknown | — | — | 219 ft |
Most Recent Sale
Current Tax Year