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.
4 permits on record since 2021 · $1.5M total declared value · Most recent: Apr 2022 (commfdnr)
Air Rite Mechanical Systems Inc
Rightmark LLC
TRUE BLUE CONSTRUCTION SERVICES LLC
Bollig and Sons 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 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 4,807 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1308 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $760,000 | 55 ft |
| 608 13TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL-TWO UNIT | $567,000 | 106 ft |
| 1312 7TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | TRIPLEX | $656,000 | 112 ft |
| 606 13TH AVE S E MINNEAPOLIS MN 55414 | KAREN HARMSEN & TIM HARMSEN | RESIDENTIAL | $431,600 | 149 ft |
| 1316 7TH ST S E MINNEAPOLIS MN 55414 | NB PROPERTY2 LLC | TRIPLEX | $697,000 | 168 ft |
| 1307 6TH ST S E MINNEAPOLIS MN 55414 | M & R III INC | TRIPLEX | $537,000 | 193 ft |
| 1313 6TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN& K L HARMSEN | TRIPLEX | $577,000 | 200 ft |
| 1301 7TH ST S E MINNEAPOLIS MN 55414 | T C & K L HARMSEN | APARTMENT | $725,000 | 204 ft |
| 1301 6TH ST S E MINNEAPOLIS MN 55414 | GERALD J OCKENFELS | TRIPLEX | $377,000 | 212 ft |
| 1318 7TH ST S E MINNEAPOLIS MN 55414 | 1318 7TH ST SE LLC | TRIPLEX | $618,000 | 223 ft |
Most Recent Sale
Current Tax Year