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.
14 permits on record since 2006 · $11.3M total declared value · Most recent: Aug 2020 (comnofdbv)
SR Mechanical Inc
3D Mechanical Inc
FIRESIDE HEARTH AND HOME
SR Mechanical Inc
P and D Mechanical Contracting Co
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 11,720 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 801 18TH AVE S E MINNEAPOLIS MN 55414 | BURLINGTON-NORTHERN INC | RAILROAD | $0 | 103 ft |
| 905 17TH AVE S E MINNEAPOLIS MN 55414 | UNION PACIFIC RAILROAD CO | LAND - INDUSTRIAL | $19,400 | 205 ft |
| 1599 8TH ST S E MINNEAPOLIS MN 55414 | SMAILS RENTALS LLC ET AL | APARTMENT | $6,649,000 | 293 ft |
| 1526 ELM ST S E MINNEAPOLIS MN 55414 | B9 POLAR UNIVERSITY LLC | LAND - INDUSTRIAL | $125,900 | 382 ft |
| 1700 ELM ST S E MINNEAPOLIS MN 55414 | B9 POLAR UNIVERSITY LLC | INDUSTRIAL-PREFERRED | $4,880,000 | 473 ft |
| 1503 8TH ST S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES II LLC | APARTMENT | $1,949,000 | 474 ft |
| 1701 6TH ST S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 565 ft |
| 1701 ELM ST S E MINNEAPOLIS MN 55414 | NJ ELM LLC | APARTMENT | $2,944,000 | 576 ft |
| 830 15TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 587 ft |
| 1725 ELM ST S E MINNEAPOLIS MN 55414 | NJ ELM LLC | APARTMENT | $3,002,000 | 682 ft |
Most Recent Sale
Current Tax Year