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 2023 · $1.1M total declared value · Most recent: Jun 2023 (commfdnr)
Air Mechanical Inc
Air Mechanical Inc
Homes By Tradition
Nitti Rolloff Services 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 38.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 612 11TH AVE S E MINNEAPOLIS MN 55414 | NB PROPERTY2 LLC | RESIDENTIAL | $237,200 | 50 ft |
| 620 11TH AVE S E MINNEAPOLIS MN 55414 | MULBERRY STREET LLC | RESIDENTIAL-TWO UNIT | $305,400 | 52 ft |
| 1108 7TH ST S E MINNEAPOLIS MN 55414 | 1108 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $986,800 | 87 ft |
| 1106 7TH ST S E MINNEAPOLIS MN 55414 | 1106 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $880,200 | 89 ft |
| 610 11TH AVE S E MINNEAPOLIS MN 55414 | T C & K L HARMSEN | RESIDENTIAL | $306,100 | 89 ft |
| 628 11TH AVE S E MINNEAPOLIS MN 55414 | 628 11TH AVENUE SE LLC | RESIDENTIAL-TWO UNIT | $469,900 | 105 ft |
| 1110 7TH ST S E MINNEAPOLIS MN 55414 | 1110 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $972,000 | 112 ft |
| 1105 6TH ST S E MINNEAPOLIS MN 55414 | 1105 6TH ST SE LLC | RESIDENTIAL-TWO UNIT | $820,500 | 119 ft |
| 604 11TH AVE S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | RESIDENTIAL-TWO UNIT | $386,100 | 125 ft |
| 1109 6TH ST S E MINNEAPOLIS MN 55414 | PARADYGM PROPS/TWIN CITS LLC | RESIDENTIAL-TWO UNIT | $711,400 | 141 ft |