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.
7 permits on record since 2014 · $305K total declared value · Most recent: Nov 2025 (remodel)
DERING PIERSON GROUP
Warners Stellian Co Inc
DERING PIERSON GROUP
Master Gas Fitters Inc
DERING PIERSON GROUP
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 9,376 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 417 11TH AVE S E MINNEAPOLIS MN 55414 | J T EISCHENS & R A EISCHENS | APARTMENT | $991,000 | 70 ft |
| 1012 5TH ST S E MINNEAPOLIS MN 55414 | KAPPA ALPHA THETA | SORORITY/FRATERNITY HOUSING | $979,000 | 97 ft |
| 415 11TH AVE S E MINNEAPOLIS MN 55414 | R S MCQUEEN & H L MCQUEEN | RESIDENTIAL | $307,300 | 123 ft |
| 401 11TH AVE S E MINNEAPOLIS MN 55414 | ALPHA GAMMA DELTA INC | SORORITY/FRATERNITY HOUSING | $1,122,000 | 188 ft |
| 1000 5TH ST S E MINNEAPOLIS MN 55414 | 1000 5TH STR SE LLC LLC | SORORITY/FRATERNITY HOUSING | $2,100,000 | 196 ft |
| 1100 5TH ST S E MINNEAPOLIS MN 55414 | J EISCHENS & V EISCHENS | TRIPLEX | $640,000 | 198 ft |
| 1011 4TH ST S E MINNEAPOLIS MN 55414 | CLUSTER DINKYTOWN LLC | APARTMENT | $3,279,000 | 205 ft |
| 410 11TH AVE S E MINNEAPOLIS MN 55414 | 1103 4TH ST SE LLC | TRIPLEX | $589,000 | 235 ft |
| 416 11TH AVE S E MINNEAPOLIS MN 55414 | CPEC EXCHANGE 41946 LLC | RESIDENTIAL-TWO UNIT | $630,000 | 236 ft |
| 1110 5TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN 1110 LLC | TRIPLEX | $594,000 | 264 ft |
Current Tax Year