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 ↗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 2024 · $10K total declared value · Most recent: Oct 2024 (misc)
HOFFMAN WEBER CONSTRUCTION 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 38.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 1,301 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 609 12TH AVE S E MINNEAPOLIS MN 55414 | THOMAS FLEMING | RESIDENTIAL-TWO UNIT | $758,800 | 41 ft |
| 613 12TH AVE S E MINNEAPOLIS MN 55414 | PB PARTNERS LLC | RESIDENTIAL-TWO UNIT | $527,400 | 42 ft |
| 607 12TH AVE S E MINNEAPOLIS MN 55414 | 605 ERIE ST SE LLC | RESIDENTIAL-TWO UNIT | $756,000 | 78 ft |
| 627 12TH AVE S E MINNEAPOLIS MN 55414 | GARY R HOWE | RESIDENTIAL | $351,000 | 85 ft |
| 1118 7TH ST S E MINNEAPOLIS MN 55414 | 1118 7TH ST SE LLC | TRIPLEX | $527,800 | 89 ft |
| 605 12TH AVE S E MINNEAPOLIS MN 55414 | 605 12TH AVE SE LLC | RESIDENTIAL | $645,800 | 111 ft |
| 1116 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL-TWO UNIT | $741,000 | 118 ft |
| 629 12TH AVE S E MINNEAPOLIS MN 55414 | D TOWN PROPERTIES LLC | RESIDENTIAL | $336,000 | 128 ft |
| 1119 6TH ST S E MINNEAPOLIS MN 55414 | DANIEL J BRESNAHAN | RESIDENTIAL | $547,100 | 136 ft |
| 1110 7TH ST S E MINNEAPOLIS MN 55414 | 1110 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $972,000 | 151 ft |
Most Recent Sale
Current Tax Year