ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2013 · $1.4M total declared value · Most recent: Apr 2013 (binb)
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 6,471 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 519 10TH AVE S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT II LLC | APARTMENT | $1,234,000 | 83 ft |
| 916 6TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT II LLC | APARTMENT | $1,366,600 | 102 ft |
| 910 6TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $50,000 | 144 ft |
| 515 10TH AVE S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | APARTMENT | $1,251,000 | 167 ft |
| 912 9TH ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 197 ft |
| 925 6TH ST S E MINNEAPOLIS MN 55414 | 925-617 6TH LLC | SORORITY/FRATERNITY HOUSING | $2,330,000 | 219 ft |
| 915 5TH ST S E MINNEAPOLIS MN 55414 | EVANS SCHOLARS FOUNDATION | VACANT LAND-APARTMENT | $0 | 225 ft |
| 915 6TH ST S E MINNEAPOLIS MN 55414 | 915 6TH ST SE LLC | APARTMENT | $2,125,000 | 225 ft |
| 929 5TH ST S E MINNEAPOLIS MN 55414 | EVANS SCHOLARS FOUNDATION | SORORITY/FRATERNITY HOUSING | $0 | 250 ft |
| 600 10TH AVE S E MINNEAPOLIS MN 55414 | 600 INVESTMENT CO LLP | APARTMENT | $1,946,000 | 296 ft |
Most Recent Sale
Current Tax Year