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.
4 permits on record since 2017 · Most recent: Jul 2022 (comnofdbv)
All Pride Plumbing Inc
All Pride Plumbing Inc
All Pride Plumbing Inc
Tony's Plumbing and Heating
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 5,589 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1014 7TH ST S E MINNEAPOLIS MN 55414 | AGATHIS AUSTRALIS LLC | RESIDENTIAL-TWO UNIT | $413,600 | 83 ft |
| 616 10TH AVE S E MINNEAPOLIS MN 55414 | WISE INVESTMENTS LLC | APARTMENT | $2,206,000 | 94 ft |
| 1016 7TH ST S E MINNEAPOLIS MN 55414 | WISE INVESTMENTS 2 LLC | RESIDENTIAL | $336,100 | 126 ft |
| 1011 6TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | VACANT LAND-RESIDENTIAL | $7,000 | 159 ft |
| 1018 7TH ST S E MINNEAPOLIS MN 55414 | HOWE BROTHERS LLC | RESIDENTIAL | $292,800 | 163 ft |
| 612 10TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $568,400 | 177 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COM HSG ASC (CO-OP) | COOPERATIVE HOUSING | $2,113,600 | 188 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | MARCY PARK STUDENT HSG CO-OP | COOPERATIVE HOUSING | $77,900 | 188 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | MARCY PARK STUDENT HSG CO-OP | COOPERATIVE HOUSING | $77,900 | 188 ft |
| 700 10TH AVE S E MINNEAPOLIS MN 55414 | MARCY PARK STUDENT HSG CO-OP | COOPERATIVE HOUSING | $77,900 | 188 ft |
Most Recent Sale
Current Tax Year