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.
1 permit on record since 2025 · $18K total declared value · Most recent: Oct 2025 (private)
Nitti Rolloff Services 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 3-story wood frame (5–12 units) benchmarks for 5,690 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 714 14TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $6,480,000 | 55 ft |
| 1410 8TH ST S E MINNEAPOLIS MN 55414 | ECHIDNA LLC | RESIDENTIAL | $233,000 | 58 ft |
| 728 14TH AVE S E MINNEAPOLIS MN 55414 | 728 14TH AVE SE LLC | VACANT LAND-RESIDENTIAL | $149,000 | 70 ft |
| 1412 8TH ST S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL | $175,000 | 82 ft |
| 721 15TH AVE S E MINNEAPOLIS MN 55414 | SEVA INC | APARTMENT | $1,051,000 | 166 ft |
| 717 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $2,592,000 | 170 ft |
| 727 15TH AVE S E MINNEAPOLIS MN 55414 | SEVA INC | APARTMENT | $3,423,800 | 175 ft |
| 715 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $3,114,000 | 177 ft |
| 705 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $29,547,000 | 180 ft |
| MN | Unknown | — | — | 180 ft |
Most Recent Sale
Current Tax Year