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 · $854K total declared value · Most recent: Feb 2021 (tempheat)
SWIFT HEATING & AIR CONDITIONING INC
SWIFT HEATING & AIR CONDITIONING INC
SWIFT HEATING & AIR CONDITIONING INC
All Pride Plumbing Inc
GGR Restoration 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 2 — moderate-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 5,432 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1202 7TH ST S E MINNEAPOLIS MN 55414 | PRIOR LAKE LLC | APARTMENT | $1,505,000 | 82 ft |
| 600 12TH AVE S E MINNEAPOLIS MN 55414 | CH OF ST LAWRENCE | LAND-COMMERCIAL | $499,200 | 125 ft |
| 601 13TH AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY LUTH CH OF HOPE | COMMERCIAL-PREFERRED | $0 | 171 ft |
| 613 12TH AVE S E MINNEAPOLIS MN 55414 | PB PARTNERS LLC | RESIDENTIAL-TWO UNIT | $527,400 | 178 ft |
| 611 12TH AVE S E MINNEAPOLIS MN 55414 | ROBERT ANTHONY MIELKE JR | RESIDENTIAL-TWO UNIT | $352,300 | 180 ft |
| 627 12TH AVE S E MINNEAPOLIS MN 55414 | GARY R HOWE | RESIDENTIAL | $351,000 | 187 ft |
| 609 12TH AVE S E MINNEAPOLIS MN 55414 | THOMAS FLEMING | RESIDENTIAL-TWO UNIT | $758,800 | 200 ft |
| 629 12TH AVE S E MINNEAPOLIS MN 55414 | D TOWN PROPERTIES LLC | RESIDENTIAL | $336,000 | 205 ft |
| 607 12TH AVE S E MINNEAPOLIS MN 55414 | 605 ERIE ST SE LLC | RESIDENTIAL-TWO UNIT | $756,000 | 213 ft |
| 605 12TH AVE S E MINNEAPOLIS MN 55414 | 605 12TH AVE SE LLC | RESIDENTIAL | $645,800 | 228 ft |
Most Recent Sale
Current Tax Year