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 ↗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.
3 permits on record since 2018 · $6K total declared value · Most recent: Jan 2022 (existres)
SODERLIN PLUMBING HEATING AND AIR
Shongtao Dai
THE HOME DEPOT
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.
Back-of-envelope estimate based on sfr / adu benchmarks for 926 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 425 12TH AVE S E MINNEAPOLIS MN 55414 | VICTOR T Y CHAN REV TRET AL | RESIDENTIAL-TWO UNIT | $282,700 | 38 ft |
| 411 12TH AVE S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $759,000 | 48 ft |
| 1120 5TH ST S E MINNEAPOLIS MN 55414 | CAMPUS CRUSADE CHRIST INTL | RESIDENTIAL-TWO UNIT | $416,800 | 90 ft |
| 1126 5TH ST S E MINNEAPOLIS MN 55414 | GAMMA GAMMA ALUMNI ASSN | SORORITY/FRATERNITY HOUSING | $609,000 | 99 ft |
| 1119 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $7,700,700 | 125 ft |
| 1127 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $785,000 | 130 ft |
| 1116 5TH ST S E MINNEAPOLIS MN 55414 | ALPHA KAPPA PSI HOUSE CORP | SORORITY/FRATERNITY HOUSING | $694,000 | 146 ft |
| 1115 4TH ST S E MINNEAPOLIS MN 55414 | 1107,1111,1115 4TH ST SE LLC | RESIDENTIAL | $446,000 | 160 ft |
| 450 12TH AVE S E MINNEAPOLIS MN 55414 | 412L PROPCO LLC | VACANT LAND-APARTMENT | $6,000 | 183 ft |
| 406 12TH AVE S E MINNEAPOLIS MN 55414 | 412L PROPCO LLC | APARTMENT | $23,754,000 | 189 ft |
Most Recent Sale
Current Tax Year