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.
2 permits on record since 2018 · Most recent: Jun 2020 (existres)
CENTERPOINT ENERGY
Urban Pine Plumbing and Mechanical 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 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 small multifamily (2–4 units, wood frame) benchmarks for 2,127 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1410 7TH ST S E MINNEAPOLIS MN 55414 | GRAY JAX INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $420,700 | 40 ft |
| 629 15TH AVE S E MINNEAPOLIS MN 55414 | GOLDEN LODGE LLC | APARTMENT | $3,738,000 | 83 ft |
| 1408 7TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $107,000 | 85 ft |
| 615 15TH AVE S E MINNEAPOLIS MN 55414 | CAMPUS EAST APARTMENTS LLC | APARTMENT | $1,987,000 | 122 ft |
| 1406 7TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $107,000 | 124 ft |
| 626 14TH AVE S E MINNEAPOLIS MN 55414 | MATTHEW A HOWE ET AL | RESIDENTIAL | $433,600 | 126 ft |
| 628 14TH AVE S E MINNEAPOLIS MN 55414 | MATTHEW T MACPHAIL | RESIDENTIAL | $294,400 | 166 ft |
| 701 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $2,853,000 | 191 ft |
| 1401 6TH ST S E MINNEAPOLIS MN 55414 | BIERMAN PLACE LLC | APARTMENT | $14,380,000 | 192 ft |
| 609 15TH AVE S E MINNEAPOLIS MN 55414 | 1309 8TH ST LLC | RESIDENTIAL-TWO UNIT | $267,500 | 203 ft |
Current Tax Year