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 2008 · $5.4M total declared value · Most recent: Aug 2025 (commercial minor)
All Pride Plumbing Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
University of Minnesota · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1049.01
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 7,326 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1503 8TH ST S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES II LLC | APARTMENT | $1,949,000 | 182 ft |
| 1526 ELM ST S E MINNEAPOLIS MN 55414 | B9 POLAR UNIVERSITY LLC | LAND - INDUSTRIAL | $125,900 | 246 ft |
| 1611 8TH ST S E MINNEAPOLIS MN 55414 | NORTHSTAR GA LLC ET AL | APARTMENT | $12,569,000 | 293 ft |
| 905 17TH AVE S E MINNEAPOLIS MN 55414 | UNION PACIFIC RAILROAD CO | LAND - INDUSTRIAL | $19,400 | 327 ft |
| 801 18TH AVE S E MINNEAPOLIS MN 55414 | BURLINGTON-NORTHERN INC | RAILROAD | $0 | 369 ft |
| 727 15TH AVE S E MINNEAPOLIS MN 55414 | SEVA INC | APARTMENT | $3,423,800 | 447 ft |
| 830 15TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 448 ft |
| 821 15TH AVE S E MINNEAPOLIS MN 55414 | CHICAGO & NORTHWESTERN RR | RAILROAD | $37,100 | 453 ft |
| 721 15TH AVE S E MINNEAPOLIS MN 55414 | SEVA INC | APARTMENT | $1,051,000 | 468 ft |
| 823 15TH AVE S E MINNEAPOLIS MN 55414 | 823 LLC | APARTMENT | $1,532,000 | 480 ft |
Most Recent Sale
Current Tax Year