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.
31 permits on record since 2013 · $66.3M total declared value · Most recent: Aug 2023 (commercial minor)
United States Mechanical Inc
United States Mechanical Inc
FRERICHS CONSTRUCTION CO
FRERICHS CONSTRUCTION CO
United States 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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1301 6TH ST S E MINNEAPOLIS MN 55414 | GERALD J OCKENFELS | TRIPLEX | $377,000 | 299 ft |
| 1300 5TH ST S E MINNEAPOLIS MN 55414 | SSC DINKYTOWN APARTMENTS LLC | APARTMENT | $32,078,000 | 313 ft |
| 1307 6TH ST S E MINNEAPOLIS MN 55414 | M & R III INC | TRIPLEX | $537,000 | 322 ft |
| 1203 5TH ST S E MINNEAPOLIS MN 55414 | CHURCH OF ST LAWRENCE | COMMERCIAL-PREFERRED | $0 | 332 ft |
| 1313 6TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN& K L HARMSEN | TRIPLEX | $577,000 | 344 ft |
| 1317 6TH ST S E MINNEAPOLIS MN 55414 | BUCHANAN PROPERTIES LLC | TRIPLEX | $631,000 | 357 ft |
| 606 13TH AVE S E MINNEAPOLIS MN 55414 | KAREN HARMSEN & TIM HARMSEN | RESIDENTIAL | $431,600 | 362 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | 1405 5TH ST SE LLC | COOPERATIVE HOUSING | $1,624,000 | 367 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $139,000 | 367 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $107,000 | 367 ft |