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.
3 permits on record since 2022 · $723K total declared value · Most recent: Jun 2025 (commfdnr)
ALLAN MECHANICAL INC
RENOVATION SYSTEMS INC
WENZEL HEATING AND AIR CONDITIONING
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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 30,886 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| MN | Unknown | — | — | 0 ft |
| 714 14TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $6,480,000 | 128 ft |
| 709 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $7,254,000 | 130 ft |
| 715 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $3,114,000 | 157 ft |
| 701 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $2,853,000 | 164 ft |
| 717 15TH AVE S E MINNEAPOLIS MN 55414 | HART RADIUS MN LLC | APARTMENT | $2,592,000 | 174 ft |
| 718 14TH AVE S E MINNEAPOLIS MN 55414 | 718 14TH AVE SE LLC | APARTMENT | $546,700 | 180 ft |
| 1408 7TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $107,000 | 186 ft |
| 1406 7TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $107,000 | 197 ft |
| 721 15TH AVE S E MINNEAPOLIS MN 55414 | SEVA INC | APARTMENT | $1,051,000 | 205 ft |
Most Recent Sale
Current Tax Year