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.
2 permits on record since 2017 · $30K total declared value · Most recent: Jun 2017 (commercial multi-family)
SWIFT HEATING & AIR CONDITIONING INC
All Pride Plumbing 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 38.02
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 4,716 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 707 10TH AVE S E MINNEAPOLIS MN 55414 | 707 10TH AVE SE LLC | RESIDENTIAL | $642,000 | 56 ft |
| 715 10TH AVE S E MINNEAPOLIS MN 55414 | DAYNA L OKKELBERG | RESIDENTIAL-TWO UNIT | $433,100 | 112 ft |
| 619 10TH AVE SE MINNEAPOLIS MN 55414 | 625 10TH AVE SE LLC | APARTMENT | $2,990,000 | 180 ft |
| 916 7TH ST S E MINNEAPOLIS MN 55414 | LINDA M CHEN | RESIDENTIAL | $432,500 | 185 ft |
| 721 10TH AVE S E MINNEAPOLIS MN 55414 | THE J & M FAMILY LTD PTRSHP | APARTMENT | $621,000 | 198 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COM HSG ASC (CO-OP) | COOPERATIVE HOUSING | $2,113,600 | 224 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | MARCY PARK STUDENT HSG CO-OP | COOPERATIVE HOUSING | $77,900 | 224 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | MARCY PARK STUDENT HSG CO-OP | COOPERATIVE HOUSING | $77,900 | 224 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | MARCY PARK STUDENT HSG CO-OP | COOPERATIVE HOUSING | $77,900 | 224 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | MARCY PARK STUDENT HSG CO-OP | COOPERATIVE HOUSING | $77,900 | 224 ft |
Most Recent Sale
Current Tax Year