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 ↗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 2014 · $700K total declared value · Most recent: Jan 2014 (building re-inspection)
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 1039
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 |
|---|---|---|---|---|
| 450 12TH AVE S E MINNEAPOLIS MN 55414 | 412L PROPCO LLC | VACANT LAND-APARTMENT | $6,000 | 88 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $139,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $139,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $114,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $109,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $139,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $139,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $214,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $139,000 | 145 ft |
| 425 13TH AVE S E MINNEAPOLIS MN 55414 | CHATEAU COMM HOUSING (CO-OP) | COOPERATIVE HOUSING | $139,000 | 145 ft |