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.
No permits found in Minneapolis open data for this parcel.
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
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 |
|---|---|---|---|---|
| 1415 5TH ST S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES LLC | APARTMENT | $1,218,000 | 166 ft |
| 1409 5TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVST VIII LLC ET AL | APARTMENT | $887,000 | 178 ft |
| 501 15TH AVE S E MINNEAPOLIS MN 55414 | J & H PROPERTIES LLC | APARTMENT | $8,295,000 | 193 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | 1405 5TH ST SE LLC | COOPERATIVE HOUSING | $1,624,000 | 212 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $139,000 | 212 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $107,000 | 212 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $107,000 | 212 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $107,000 | 212 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $76,000 | 212 ft |
| 1405 5TH ST S E MINNEAPOLIS MN 55414 | MARSHALL STUDENT HSG CO-OP | COOPERATIVE HOUSING | $107,000 | 212 ft |