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.
1 permit on record since 2024 · $10K total declared value · Most recent: Jun 2024 (misc)
Sunny Solar LLC
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
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 5,006 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1315 7TH ST S E MINNEAPOLIS MN 55414 | 1331 8TH ST LLC | RESIDENTIAL-TWO UNIT | $626,800 | 48 ft |
| 1307 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $1,026,200 | 57 ft |
| 1319 7TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | TRIPLEX | $672,900 | 89 ft |
| 710 13TH AVE S E MINNEAPOLIS MN 55414 | 710 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $796,900 | 103 ft |
| 708 13TH AVE S E MINNEAPOLIS MN 55414 | T HARMSEN & K I HARMSEN | RESIDENTIAL | $327,300 | 111 ft |
| 1301 7TH ST S E MINNEAPOLIS MN 55414 | T C & K L HARMSEN | APARTMENT | $725,000 | 117 ft |
| 716 13TH AVE S E MINNEAPOLIS MN 55414 | 716 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $895,200 | 135 ft |
| 1327 7TH ST S E MINNEAPOLIS MN 55414 | 1327 7TH ST SE LLC | APARTMENT | $1,480,000 | 151 ft |
| 717 14TH AVE S E MINNEAPOLIS MN 55414 | 717 14TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $404,500 | 163 ft |
| 718 13TH AVE S E MINNEAPOLIS MN 55414 | 718 13TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $828,900 | 170 ft |
Most Recent Sale
Current Tax Year