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 2008 · $320K total declared value · Most recent: Jun 2008 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 |
|---|---|---|---|---|
| 518 12TH AVE S E MINNEAPOLIS MN 55414 | 518 12TH AVE SE LLC | RESIDENTIAL | $288,200 | 34 ft |
| 522 12TH AVE S E MINNEAPOLIS MN 55414 | 522 12TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $394,900 | 34 ft |
| 524 12TH AVE S E MINNEAPOLIS MN 55414 | 524 12TH AVE SE LLC | RESIDENTIAL | $510,300 | 65 ft |
| 516 12TH AVE S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT II LLC | RESIDENTIAL-TWO UNIT | $539,800 | 69 ft |
| 510 12TH AVE S E MINNEAPOLIS MN 55414 | EUGENE C BUELL | RESIDENTIAL | $363,400 | 103 ft |
| 508 12TH AVE S E MINNEAPOLIS MN 55414 | GARY HOWE & NICHOLAS HOWE | RESIDENTIAL | $259,700 | 135 ft |
| 1126 6TH ST S E MINNEAPOLIS MN 55414 | OSAMA M ABDEL KERIM/EMAN ALY | TRIPLEX | $484,000 | 148 ft |
| 1203 5TH ST S E MINNEAPOLIS MN 55414 | CHURCH OF ST LAWRENCE | COMMERCIAL-PREFERRED | $0 | 149 ft |
| 521 12TH AVE S E MINNEAPOLIS MN 55414 | THE MINN CHAT OF TRIANGLE | SORORITY/FRATERNITY HOUSING | $360,000 | 184 ft |
| 1120 6TH ST S E MINNEAPOLIS MN 55414 | MINN TRIANGLE ALUMNI INC | SORORITY/FRATERNITY HOUSING | $479,000 | 213 ft |