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 2017 · $516K total declared value · Most recent: Dec 2017 (tempheat)
Cities Companies, Inc.
Cities Companies, Inc.
ALBERTSON MECHANICAL LLC
WHITE STONE CONSTRUCTION
WHITE STONE CONSTRUCTION
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 1039
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 small multifamily (2–4 units, wood frame) benchmarks for 1,800 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1307 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $1,026,200 | 60 ft |
| 708 13TH AVE S E MINNEAPOLIS MN 55414 | T HARMSEN & K I HARMSEN | RESIDENTIAL | $327,300 | 64 ft |
| 710 13TH AVE S E MINNEAPOLIS MN 55414 | 710 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $796,900 | 112 ft |
| 1309 7TH ST S E MINNEAPOLIS MN 55414 | TANGERINE LLC | TRIPLEX | $459,800 | 117 ft |
| 1229 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN REALTY LLC | TRIPLEX | $604,000 | 142 ft |
| 716 13TH AVE S E MINNEAPOLIS MN 55414 | 716 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $895,200 | 149 ft |
| 1315 7TH ST S E MINNEAPOLIS MN 55414 | 1331 8TH ST LLC | RESIDENTIAL-TWO UNIT | $626,800 | 164 ft |
| 718 13TH AVE S E MINNEAPOLIS MN 55414 | 718 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $828,900 | 189 ft |
| 1225 7TH ST S E MINNEAPOLIS MN 55414 | 1225 7TH ST SE LLC | RESIDENTIAL | $439,000 | 194 ft |
| 1302 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $1,346,900 | 204 ft |
Most Recent Sale
Current Tax Year