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.
2 permits on record since 2019 · $12K total declared value · Most recent: Oct 2025 (private)
Nitti Rolloff Services Inc
Midland HVAC 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 3,167 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1326 8TH ST S E MINNEAPOLIS MN 55414 | 1326 8TH ST SE LLC | RESIDENTIAL | $545,200 | 87 ft |
| 1318 8TH ST S E MINNEAPOLIS MN 55414 | 1318 8TH ST SE LLC | TRIPLEX | $1,289,100 | 90 ft |
| 1324 8TH ST S E MINNEAPOLIS MN 55414 | HOWE BROTHERS LLC | RESIDENTIAL-TWO UNIT | $362,500 | 96 ft |
| 1314 8TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT III LLC | APARTMENT | $2,140,000 | 104 ft |
| 1327 7TH ST S E MINNEAPOLIS MN 55414 | 1327 7TH ST SE LLC | APARTMENT | $1,480,000 | 105 ft |
| 1319 7TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | TRIPLEX | $672,900 | 107 ft |
| 1315 7TH ST S E MINNEAPOLIS MN 55414 | 1331 8TH ST LLC | RESIDENTIAL-TWO UNIT | $626,800 | 126 ft |
| 1312 8TH ST S E MINNEAPOLIS MN 55414 | 1312 8TH ST SE LLC | APARTMENT | $2,090,000 | 136 ft |
| 1309 7TH ST S E MINNEAPOLIS MN 55414 | TANGERINE LLC | TRIPLEX | $459,800 | 163 ft |
| 1310 8TH ST S E MINNEAPOLIS MN 55414 | COMO INVSTMNT PROPERTIES LLC | RESIDENTIAL | $418,900 | 194 ft |
Most Recent Sale
Current Tax Year