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 ↗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.
1 permit on record since 2025 · $7K total declared value · Most recent: Dec 2025 (misc)
BUILDTEC CONTRACTING CO 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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,872 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1406 7TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $107,000 | 55 ft |
| 628 14TH AVE S E MINNEAPOLIS MN 55414 | MATTHEW T MACPHAIL | RESIDENTIAL | $294,400 | 68 ft |
| 1408 7TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $107,000 | 69 ft |
| 1410 7TH ST S E MINNEAPOLIS MN 55414 | GRAY JAX INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $420,700 | 87 ft |
| 1414 7TH ST S E MINNEAPOLIS MN 55414 | GERALD J OCKENFELS | TRIPLEX | $359,300 | 126 ft |
| 1401 6TH ST S E MINNEAPOLIS MN 55414 | BIERMAN PLACE LLC | APARTMENT | $14,380,000 | 156 ft |
| 623 14TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL | $321,300 | 171 ft |
| 1320 7TH ST S E MINNEAPOLIS MN 55414 | 1320 7TH ST SE LLC | TRIPLEX | $524,000 | 177 ft |
| 617 14TH AVE S E MINNEAPOLIS MN 55414 | 1331 8TH ST LLC | RESIDENTIAL-TWO UNIT | $417,300 | 180 ft |
| 615 15TH AVE S E MINNEAPOLIS MN 55414 | CAMPUS EAST APARTMENTS LLC | APARTMENT | $1,987,000 | 201 ft |
Most Recent Sale
Current Tax Year