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.
No permits found in Minneapolis open data for this parcel.
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 1,268 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 606 13TH AVE S E MINNEAPOLIS MN 55414 | KAREN HARMSEN & TIM HARMSEN | RESIDENTIAL | $431,600 | 63 ft |
| 1307 6TH ST S E MINNEAPOLIS MN 55414 | M & R III INC | TRIPLEX | $537,000 | 63 ft |
| 608 13TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL-TWO UNIT | $567,000 | 113 ft |
| 1313 6TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN& K L HARMSEN | TRIPLEX | $577,000 | 121 ft |
| 1317 6TH ST S E MINNEAPOLIS MN 55414 | BUCHANAN PROPERTIES LLC | TRIPLEX | $631,000 | 173 ft |
| 1302 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $1,346,900 | 212 ft |
| 1308 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $760,000 | 219 ft |
| 1321 6TH ST S E MINNEAPOLIS MN 55414 | SIXTH STREET CAPITAL LLC | TRIPLEX | $611,000 | 227 ft |
| 1312 7TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | TRIPLEX | $656,000 | 240 ft |
| 601 13TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY LUTH CH OF HOPE | COMMERCIAL-PREFERRED | $0 | 251 ft |
Current Tax Year