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.
6 permits on record since 2020 · $804K total declared value · Most recent: May 2021 (comnofdbv)
SWIFT HEATING & AIR CONDITIONING INC
GGR Restoration LLC
SWIFT HEATING & AIR CONDITIONING INC
SWIFT HEATING & AIR CONDITIONING INC
All Pride Plumbing 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 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 4,206 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 616 12TH AVE S E MINNEAPOLIS MN 55414 | PRIOR LAKE LLC | APARTMENT | $1,505,000 | 82 ft |
| 627 12TH AVE S E MINNEAPOLIS MN 55414 | GARY R HOWE | RESIDENTIAL | $351,000 | 179 ft |
| 629 12TH AVE S E MINNEAPOLIS MN 55414 | D TOWN PROPERTIES LLC | RESIDENTIAL | $336,000 | 179 ft |
| 613 12TH AVE S E MINNEAPOLIS MN 55414 | PB PARTNERS LLC | RESIDENTIAL-TWO UNIT | $527,400 | 189 ft |
| 1205 7TH ST S E MINNEAPOLIS MN 55414 | TIM HARMSEN & KAREN HARMSEN | RESIDENTIAL-TWO UNIT | $713,800 | 198 ft |
| 1201 7TH ST S E MINNEAPOLIS MN 55414 | NAYCO GROUP LLC | APARTMENT | $856,000 | 201 ft |
| 1209 7TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | APARTMENT | $652,000 | 203 ft |
| 600 12TH AVE S E MINNEAPOLIS MN 55414 | CH OF ST LAWRENCE | LAND-COMMERCIAL | $499,200 | 207 ft |
| 601 13TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY LUTH CH OF HOPE | COMMERCIAL-PREFERRED | $0 | 207 ft |
| 611 12TH AVE S E MINNEAPOLIS MN 55414 | ROBERT ANTHONY MIELKE JR | RESIDENTIAL-TWO UNIT | $352,300 | 208 ft |
Most Recent Sale
Current Tax Year