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.
3 permits on record since 2010 · $12.7M total declared value · Most recent: Dec 2025 (commaj)
Climate Makers Inc
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 |
|---|---|---|---|---|
| 1215 4TH ST S E MINNEAPOLIS MN 55414 | R C BERGMAN & N M BERGMAN | APARTMENT | $638,000 | 99 ft |
| 1206 5TH ST S E MINNEAPOLIS MN 55414 | M2 WASHINGTON LLC | APARTMENT | $1,387,000 | 152 ft |
| 411 12TH AVE S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $759,000 | 179 ft |
| 450 12TH AVE S E MINNEAPOLIS MN 55414 | 412L PROPCO LLC | VACANT LAND-APARTMENT | $6,000 | 188 ft |
| 417 12TH AVE S E MINNEAPOLIS MN 55414 | SHONGTAO DAI & YI CHEN | RESIDENTIAL | $271,900 | 189 ft |
| 1127 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $785,000 | 190 ft |
| 1227 4TH ST S E MINNEAPOLIS MN 55414 | 4TH ST STUDENT HSG CO-OP | COOPERATIVE HOUSING | $119,900 | 194 ft |
| 1227 4TH ST S E MINNEAPOLIS MN 55414 | 4TH ST STUDENT HSG CO-OP | COOPERATIVE HOUSING | $119,900 | 194 ft |
| 1227 4TH ST S E MINNEAPOLIS MN 55414 | 4TH ST STUDENT HSG CO-OP | COOPERATIVE HOUSING | $119,900 | 194 ft |
| 1227 4TH ST S E MINNEAPOLIS MN 55414 | 4TH ST STUDENT HSG CO-OP | COOPERATIVE HOUSING | $219,500 | 194 ft |