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.
7 permits on record since 2019 · $54K total declared value · Most recent: Jun 2025 (existres)
ST PAUL PLUMBING AND HEATING CO INC
APOLLO HEATING AND AIR
Wenzel-Plymouth Plumbing LLC
JKATH DESIGN BUILD REINVENT
ST PAUL PLUMBING AND HEATING 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
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 1,323 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 527 6TH ST S E MINNEAPOLIS MN 55414 | ARLENE M HAMMER TRUSTEE | RESIDENTIAL-TWO UNIT | $586,100 | 82 ft |
| 521 6TH ST S E MINNEAPOLIS MN 55414 | ELLEN R HASTINGS | TRIPLEX | $704,400 | 84 ft |
| 526 7TH ST S E MINNEAPOLIS MN 55414 | P J HUDLESTON, B E HUDLESTON | RESIDENTIAL | $921,000 | 113 ft |
| 518 7TH ST S E MINNEAPOLIS MN 55414 | ANDREW E MORSE REV TR ET AL | RESIDENTIAL | $389,500 | 131 ft |
| 515 6TH ST S E MINNEAPOLIS MN 55414 | LEE D HANSON | RESIDENTIAL | $703,000 | 142 ft |
| 608 6TH AVE S E MINNEAPOLIS MN 55414 | CLIFFORD HOUSE LLC | RESIDENTIAL-TWO UNIT | $352,000 | 161 ft |
| 601 6TH ST S E MINNEAPOLIS MN 55414 | C Y DEMERJIAN & C L HARDING | RESIDENTIAL | $367,700 | 165 ft |
| 512 7TH ST S E MINNEAPOLIS MN 55414 | CORDELIA S C PIERSON | RESIDENTIAL-TWO UNIT | $572,200 | 174 ft |
| 616 6TH AVE S E MINNEAPOLIS MN 55414 | SHAWNTANA GIBBS | RESIDENTIAL-TWO UNIT | $391,800 | 177 ft |
| 612 6TH AVE S E MINNEAPOLIS MN 55414 | DARCY E WESTLIND | APARTMENT | $564,000 | 178 ft |
Most Recent Sale
Current Tax Year