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.
No permits found in Minneapolis open data for this parcel.
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 sfr / adu benchmarks for 1,050 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 600 10TH AVE S E MINNEAPOLIS MN 55414 | 600 INVESTMENT CO LLP | APARTMENT | $1,946,000 | 64 ft |
| 616 10TH AVE S E MINNEAPOLIS MN 55414 | WISE INVESTMENTS LLC | APARTMENT | $2,206,000 | 87 ft |
| 1011 6TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | VACANT LAND-RESIDENTIAL | $7,000 | 120 ft |
| 1015 6TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN REALTY LLC | RESIDENTIAL-TWO UNIT | $578,000 | 134 ft |
| 1004 7TH ST S E MINNEAPOLIS MN 55414 | 1004 7TH STREET SE LLC | APARTMENT | $1,983,000 | 177 ft |
| 1019 6TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL-TWO UNIT | $527,700 | 187 ft |
| 925 6TH ST S E MINNEAPOLIS MN 55414 | 925-617 6TH LLC | SORORITY/FRATERNITY HOUSING | $2,330,000 | 198 ft |
| 1014 7TH ST S E MINNEAPOLIS MN 55414 | AGATHIS AUSTRALIS LLC | RESIDENTIAL-TWO UNIT | $413,600 | 201 ft |
| 1016 7TH ST S E MINNEAPOLIS MN 55414 | WISE INVESTMENTS 2 LLC | RESIDENTIAL | $336,100 | 202 ft |
| 619 10TH AVE SE MINNEAPOLIS MN 55414 | 625 10TH AVE SE LLC | APARTMENT | $2,990,000 | 233 ft |
Most Recent Sale
Current Tax Year