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.
2 permits on record since 2022 · $62K total declared value · Most recent: Jul 2022 (roofwind)
WINDOW WORLD
DSS EXTERIORS
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 5,689 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1312 7TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | TRIPLEX | $656,000 | 55 ft |
| 1318 7TH ST S E MINNEAPOLIS MN 55414 | 1318 7TH ST SE LLC | TRIPLEX | $618,000 | 55 ft |
| 623 14TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL | $321,300 | 111 ft |
| 1308 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $760,000 | 113 ft |
| 1320 7TH ST S E MINNEAPOLIS MN 55414 | 1320 7TH ST SE LLC | TRIPLEX | $524,000 | 121 ft |
| 617 14TH AVE S E MINNEAPOLIS MN 55414 | 1331 8TH ST LLC | RESIDENTIAL-TWO UNIT | $417,300 | 125 ft |
| 611 14TH AVE S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT V LLC | TRIPLEX | $485,200 | 160 ft |
| 1317 6TH ST S E MINNEAPOLIS MN 55414 | BUCHANAN PROPERTIES LLC | TRIPLEX | $631,000 | 165 ft |
| 1302 7TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | TRIPLEX | $1,346,900 | 168 ft |
| 608 13TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL-TWO UNIT | $567,000 | 173 ft |
Most Recent Sale
Current Tax Year