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.
2 permits on record since 2018 · $13K total declared value · Most recent: Sep 2019 (remodel)
LANGERMAN EXTERIORS INC
BELFOR PROPERTY RESTORATION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Elliot Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 59.01
Zip code 55415
Source: Redfin Data Center (Invalid Date) · Zip 55415
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 1111 7TH ST S MINNEAPOLIS MN 55415 | 2625 18TH AVE S LLC ET AL | APARTMENT | $3,523,500 | 73 ft |
| 717 11TH AVE S MINNEAPOLIS MN 55415 | SEELIG & BUCHANAN HLDNGS LLC | VACANT LAND-APARTMENT | $72,800 | 98 ft |
| 719 11TH AVE S MINNEAPOLIS MN 55415 | SEELIG & BUCHANAN HLDNGS LLC | VACANT LAND-APARTMENT | $72,800 | 124 ft |
| 1121 7TH ST S MINNEAPOLIS MN 55415 | BETHLEHEM BAPTIST CH OF MPLS | COMMERCIAL-PREFERRED | $0 | 183 ft |
| 1100 8TH ST S MINNEAPOLIS MN 55404 | ANNE S BUCHANAN TRUST | TRIPLEX | $487,200 | 191 ft |
| 724 11TH AVE S MINNEAPOLIS MN 55415 | 704 PROPERTIES LLC | COMMERCIAL-PREFERRED | $0 | 192 ft |
| 1110 8TH ST S MINNEAPOLIS MN 55404 | BETHLEHEM BAPTIST CH OF MPLS | APARTMENT | $0 | 196 ft |
| 1104 8TH ST S MINNEAPOLIS MN 55404 | BETHLEHEM BAPTIST CH OF MPLS | LAND-COMMERCIAL | $0 | 198 ft |
| 1100 7TH ST S MINNEAPOLIS MN 55415 | HOPE COMMUNITY CHURCH | LAND-COMMERCIAL | $154,000 | 217 ft |
| 1106 7TH ST S MINNEAPOLIS MN 55415 | LIVE CLOSE III LLC | LAND-COMMERCIAL | $169,400 | 223 ft |
Most Recent Sale
Current Tax Year