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.
1 permit on record since 2025 · $8K total declared value · Most recent: Jul 2025 (misc)
LINDUS 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
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 694 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 | 61 ft |
| 401 11TH AVE S E MINNEAPOLIS MN 55414 | ALPHA GAMMA DELTA INC | SORORITY/FRATERNITY HOUSING | $1,122,000 | 81 ft |
| 1026 5TH ST S E MINNEAPOLIS MN 55414 | DELTA GAMMA SOC OF MINN | SORORITY/FRATERNITY HOUSING | $845,000 | 123 ft |
| 410 11TH AVE S E MINNEAPOLIS MN 55414 | 1103 4TH ST SE LLC | TRIPLEX | $589,000 | 148 ft |
| 1011 4TH ST S E MINNEAPOLIS MN 55414 | CLUSTER DINKYTOWN LLC | APARTMENT | $3,279,000 | 157 ft |
| 406 11TH AVE S E MINNEAPOLIS MN 55414 | 1103 4TH ST SE LLC | TRIPLEX | $507,000 | 167 ft |
| 1012 5TH ST S E MINNEAPOLIS MN 55414 | KAPPA ALPHA THETA | SORORITY/FRATERNITY HOUSING | $979,000 | 174 ft |
| 416 11TH AVE S E MINNEAPOLIS MN 55414 | CPEC EXCHANGE 41946 LLC | RESIDENTIAL-TWO UNIT | $630,000 | 185 ft |
| 1103 4TH ST S E MINNEAPOLIS MN 55414 | 1103 4TH ST SE LLC | APARTMENT | $564,300 | 192 ft |
| 1100 5TH ST S E MINNEAPOLIS MN 55414 | J EISCHENS & V EISCHENS | TRIPLEX | $640,000 | 197 ft |
Most Recent Sale
Current Tax Year