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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1103 5TH ST S E MINNEAPOLIS MN 55414 | BOAR LLC | TRIPLEX | $592,800 | 299 ft |
| 510 11TH AVE S E MINNEAPOLIS MN 55414 | PI BETA PHI FHC-MN ALPHA LLC | SORORITY/FRATERNITY HOUSING | $583,000 | 313 ft |
| 526 11TH AVE S E MINNEAPOLIS MN 55414 | 526 11TH AVENUE SE L L C | APARTMENT | $1,409,000 | 313 ft |
| 514 11TH AVE S E MINNEAPOLIS MN 55414 | LUTHERAN SOCIAL SERV OF MINN | APARTMENT | $0 | 313 ft |
| 600 10TH AVE S E MINNEAPOLIS MN 55414 | 600 INVESTMENT CO LLP | APARTMENT | $1,946,000 | 314 ft |
| 515 10TH AVE S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | APARTMENT | $1,251,000 | 315 ft |
| 519 10TH AVE S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT II LLC | APARTMENT | $1,234,000 | 315 ft |
| 1025 6TH ST S E MINNEAPOLIS MN 55414 | APOLIS LLC | APARTMENT | $537,400 | 322 ft |
| 1026 5TH ST S E MINNEAPOLIS MN 55414 | DELTA GAMMA SOC OF MINN | SORORITY/FRATERNITY HOUSING | $845,000 | 327 ft |
| 1015 6TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN REALTY LLC | RESIDENTIAL-TWO UNIT | $578,000 | 328 ft |
Current Tax Year