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.
4 permits on record since 2022 · $573K total declared value · Most recent: May 2024 (newres)
SWIFT HEATING & AIR CONDITIONING INC
All Pride Plumbing Inc
GGR Restoration LLC
Nitti Rolloff Services 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
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 2,951 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1110 7TH ST S E MINNEAPOLIS MN 55414 | 1110 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $972,000 | 30 ft |
| 1106 7TH ST S E MINNEAPOLIS MN 55414 | 1106 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $880,200 | 47 ft |
| 1116 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL-TWO UNIT | $741,000 | 66 ft |
| 616 11TH AVE S E MINNEAPOLIS MN 55414 | 616 11TH AVE SE LLC | TRIPLEX | $1,575,300 | 87 ft |
| 620 11TH AVE S E MINNEAPOLIS MN 55414 | MULBERRY STREET LLC | RESIDENTIAL-TWO UNIT | $305,400 | 89 ft |
| 628 11TH AVE S E MINNEAPOLIS MN 55414 | 628 11TH AVENUE SE LLC | RESIDENTIAL-TWO UNIT | $469,900 | 102 ft |
| 1118 7TH ST S E MINNEAPOLIS MN 55414 | 1118 7TH ST SE LLC | TRIPLEX | $527,800 | 107 ft |
| 612 11TH AVE S E MINNEAPOLIS MN 55414 | NB PROPERTY2 LLC | RESIDENTIAL | $237,200 | 133 ft |
| 610 11TH AVE S E MINNEAPOLIS MN 55414 | T C & K L HARMSEN | RESIDENTIAL | $306,100 | 165 ft |
| 1105 6TH ST S E MINNEAPOLIS MN 55414 | 1105 6TH ST SE LLC | RESIDENTIAL-TWO UNIT | $820,500 | 167 ft |
Most Recent Sale
Current Tax Year