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.
8 permits on record since 2022 · $1.7M total declared value · Most recent: Feb 2023 (newres)
Air Rite Mechanical Systems Inc
Air Rite Mechanical Systems Inc
Air Rite Mechanical Systems Inc
Rightmark LLC
Rightmark 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
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 1,336 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1321 6TH ST S E MINNEAPOLIS MN 55414 | SIXTH STREET CAPITAL LLC | TRIPLEX | $611,000 | 64 ft |
| 611 14TH AVE S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT V LLC | TRIPLEX | $485,200 | 83 ft |
| 1317 6TH ST S E MINNEAPOLIS MN 55414 | BUCHANAN PROPERTIES LLC | TRIPLEX | $631,000 | 115 ft |
| 617 14TH AVE S E MINNEAPOLIS MN 55414 | 1331 8TH ST LLC | RESIDENTIAL-TWO UNIT | $417,300 | 139 ft |
| 1313 6TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN& K L HARMSEN | TRIPLEX | $577,000 | 169 ft |
| 623 14TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL | $321,300 | 188 ft |
| 1318 7TH ST S E MINNEAPOLIS MN 55414 | 1318 7TH ST SE LLC | TRIPLEX | $618,000 | 206 ft |
| 1307 6TH ST S E MINNEAPOLIS MN 55414 | M & R III INC | TRIPLEX | $537,000 | 222 ft |
| 1401 6TH ST S E MINNEAPOLIS MN 55414 | BIERMAN PLACE LLC | APARTMENT | $14,380,000 | 223 ft |
| 1316 7TH ST S E MINNEAPOLIS MN 55414 | NB PROPERTY2 LLC | TRIPLEX | $697,000 | 227 ft |
Most Recent Sale
Current Tax Year