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 ↗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 2024 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Hero Home Services LLC
Hero Home Services LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 114 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | J P SANDBERG & R H MAKINEN | RESIDENTIAL-TWO UNIT | $594,000 | 50 ft |
| 100 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | J A HORNS & D J PETERS | RESIDENTIAL | $551,000 | 65 ft |
| 120 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | THOMAS J RABIOLA | RESIDENTIAL-TWO UNIT | $533,300 | 100 ft |
| 120 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | S M SABRI & Z SABRI TRUSTEES | RESIDENTIAL | $480,000 | 104 ft |
| 126 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | A ENGELHART & K ADAMALA | RESIDENTIAL | $645,000 | 150 ft |
| 112 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | JULIE DYCKMAN ANDRUS | RESIDENTIAL | $708,100 | 172 ft |
| 111 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | J W ORRISON/L H MCANERNEY | RESIDENTIAL | $545,000 | 190 ft |
| 107 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | JOYCE ANN WALKER | RESIDENTIAL | $455,200 | 196 ft |
| 117 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MARY T JEDDELOH | RESIDENTIAL | $425,000 | 199 ft |
| 72 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | R C BERGMAN & N M BERGMAN | APARTMENT | $553,000 | 200 ft |