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.
1 permit on record since 2024 · $7K total declared value · Most recent: Sep 2024 (misc)
Sunny Solar 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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1115 4TH ST S E MINNEAPOLIS MN 55414 | 1107,1111,1115 4TH ST SE LLC | RESIDENTIAL | $446,000 | 43 ft |
| 1107 4TH ST S E MINNEAPOLIS MN 55414 | 1107,1111,1115 4TH ST SE LLC | TRIPLEX | $568,000 | 44 ft |
| 1119 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $7,700,700 | 98 ft |
| 406 11TH AVE S E MINNEAPOLIS MN 55414 | 1103 4TH ST SE LLC | TRIPLEX | $507,000 | 101 ft |
| 410 11TH AVE S E MINNEAPOLIS MN 55414 | 1103 4TH ST SE LLC | TRIPLEX | $589,000 | 109 ft |
| 1103 4TH ST S E MINNEAPOLIS MN 55414 | 1103 4TH ST SE LLC | APARTMENT | $564,300 | 116 ft |
| 416 11TH AVE S E MINNEAPOLIS MN 55414 | CPEC EXCHANGE 41946 LLC | RESIDENTIAL-TWO UNIT | $630,000 | 126 ft |
| 1127 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $785,000 | 166 ft |
| 1116 5TH ST S E MINNEAPOLIS MN 55414 | ALPHA KAPPA PSI HOUSE CORP | SORORITY/FRATERNITY HOUSING | $694,000 | 168 ft |
| 411 12TH AVE S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $759,000 | 174 ft |