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.
5 permits on record since 2022 · $93K total declared value · Most recent: Jan 2023 (commercial minor)
Air Mechanical Inc
Air Mechanical Inc
Air Mechanical Inc
Air Mechanical Inc
Nitti Rolloff Services 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 sfr / adu benchmarks for 1,169 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 605 12TH AVE S E MINNEAPOLIS MN 55414 | 605 12TH AVE SE LLC | RESIDENTIAL | $645,800 | 42 ft |
| 607 12TH AVE S E MINNEAPOLIS MN 55414 | 605 ERIE ST SE LLC | RESIDENTIAL-TWO UNIT | $756,000 | 77 ft |
| 1119 6TH ST S E MINNEAPOLIS MN 55414 | DANIEL J BRESNAHAN | RESIDENTIAL | $547,100 | 78 ft |
| 609 12TH AVE S E MINNEAPOLIS MN 55414 | THOMAS FLEMING | RESIDENTIAL-TWO UNIT | $758,800 | 115 ft |
| 1115 6TH ST S E MINNEAPOLIS MN 55414 | 1115 6TH ST SOUTHEAST LLC | RESIDENTIAL-TWO UNIT | $551,700 | 120 ft |
| 1126 6TH ST S E MINNEAPOLIS MN 55414 | OSAMA M ABDEL KERIM/EMAN ALY | TRIPLEX | $484,000 | 150 ft |
| 611 12TH AVE S E MINNEAPOLIS MN 55414 | ROBERT ANTHONY MIELKE JR | RESIDENTIAL-TWO UNIT | $352,300 | 153 ft |
| 1109 6TH ST S E MINNEAPOLIS MN 55414 | PARADYGM PROPS/TWIN CITS LLC | RESIDENTIAL-TWO UNIT | $711,400 | 159 ft |
| 1120 6TH ST S E MINNEAPOLIS MN 55414 | MINN TRIANGLE ALUMNI INC | SORORITY/FRATERNITY HOUSING | $479,000 | 159 ft |
| 600 12TH AVE S E MINNEAPOLIS MN 55414 | CH OF ST LAWRENCE | LAND-COMMERCIAL | $499,200 | 185 ft |
Most Recent Sale
Current Tax Year