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.
5 permits on record since 2018 · $47K total declared value · Most recent: Sep 2024 (remodel)
SELA ROOFING AND REMODELING INC
TOTAL COMFORT
OPEN DOOR REMODELING, LLC
OPEN DOOR REMODELING, LLC
OPEN DOOR REMODELING, LLC
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 510 11TH AVE S E MINNEAPOLIS MN 55414 | PI BETA PHI FHC-MN ALPHA LLC | SORORITY/FRATERNITY HOUSING | $583,000 | 55 ft |
| 526 11TH AVE S E MINNEAPOLIS MN 55414 | 526 11TH AVENUE SE L L C | APARTMENT | $1,409,000 | 79 ft |
| 1110 6TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN REALTY LLC | TRIPLEX | $562,300 | 103 ft |
| 1112 6TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $772,400 | 113 ft |
| 1109 5TH ST S E MINNEAPOLIS MN 55414 | PHI BETA PHI ASSN | SORORITY/FRATERNITY HOUSING | $625,000 | 142 ft |
| 1103 5TH ST S E MINNEAPOLIS MN 55414 | BOAR LLC | TRIPLEX | $592,800 | 142 ft |
| 1115 5TH ST S E MINNEAPOLIS MN 55414 | 1115 5TH STREET SE HOUSE LLC | TRIPLEX | $727,000 | 150 ft |
| 1120 6TH ST S E MINNEAPOLIS MN 55414 | MINN TRIANGLE ALUMNI INC | SORORITY/FRATERNITY HOUSING | $479,000 | 193 ft |
| 1121 5TH ST S E MINNEAPOLIS MN 55414 | TAU OF ALPHA OMICRON PI INC | SORORITY/FRATERNITY HOUSING | $739,000 | 194 ft |
| 521 12TH AVE S E MINNEAPOLIS MN 55414 | THE MINN CHAT OF TRIANGLE | SORORITY/FRATERNITY HOUSING | $360,000 | 198 ft |
Current Tax Year