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.
6 permits on record since 2017 · $1.2M total declared value · Most recent: Feb 2018 (comnofdbv)
Wencl Services Inc
Wencl Services Inc
Hearth and Home Technologies LLC
Wencl Services Inc
REUTER WALTON CONSTRUCTION
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 12,921 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1012 5TH ST S E MINNEAPOLIS MN 55414 | KAPPA ALPHA THETA | SORORITY/FRATERNITY HOUSING | $979,000 | 99 ft |
| 400 10TH AVE S E MINNEAPOLIS MN 55414 | SIGMA PHI EPSILON FRAT ALUM | SORORITY/FRATERNITY HOUSING | $617,000 | 166 ft |
| 1011 4TH ST S E MINNEAPOLIS MN 55414 | CLUSTER DINKYTOWN LLC | APARTMENT | $3,279,000 | 192 ft |
| 1026 5TH ST S E MINNEAPOLIS MN 55414 | DELTA GAMMA SOC OF MINN | SORORITY/FRATERNITY HOUSING | $845,000 | 196 ft |
| 928 5TH ST S E MINNEAPOLIS MN 55414 | KAPPA HOUSE CORP | SORORITY/FRATERNITY HOUSING | $682,000 | 204 ft |
| 417 11TH AVE S E MINNEAPOLIS MN 55414 | J T EISCHENS & R A EISCHENS | APARTMENT | $991,000 | 244 ft |
| 415 11TH AVE S E MINNEAPOLIS MN 55414 | R S MCQUEEN & H L MCQUEEN | RESIDENTIAL | $307,300 | 261 ft |
| 401 11TH AVE S E MINNEAPOLIS MN 55414 | ALPHA GAMMA DELTA INC | SORORITY/FRATERNITY HOUSING | $1,122,000 | 267 ft |
| 925 4TH ST S E MINNEAPOLIS MN 55414 | 925 STUDIOS LLC | LOW INCOME RENTAL | $4,493,000 | 282 ft |
| 929 5TH ST S E MINNEAPOLIS MN 55414 | EVANS SCHOLARS FOUNDATION | SORORITY/FRATERNITY HOUSING | $0 | 288 ft |
Most Recent Sale
Current Tax Year