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 2019 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Genz-Ryan Plumbing and Heating Co
Genz-Ryan Plumbing and Heating Co
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Como · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1040.02
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 2,577 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1016 25TH AVE S E MINNEAPOLIS MN 55414 | 1016 25TH AVE LLC | RESIDENTIAL | $315,900 | 40 ft |
| 1024 25TH AVE S E MINNEAPOLIS MN 55414 | IH2 PROPERTY ILLINOIS LP | RESIDENTIAL | $340,100 | 40 ft |
| 1012 25TH AVE S E MINNEAPOLIS MN 55414 | HOME SWEET HOME CLIFTON DR | RESIDENTIAL | $305,100 | 80 ft |
| 1028 25TH AVE S E MINNEAPOLIS MN 55414 | JUOLA A & PATRICIA B HAGA | RESIDENTIAL | $350,300 | 80 ft |
| 1032 25TH AVE S E MINNEAPOLIS MN 55414 | URBAN CANOPIES LLC | RESIDENTIAL | $339,000 | 120 ft |
| 1019 26TH AVE S E MINNEAPOLIS MN 55414 | 1019 26TH AVE LLC | RESIDENTIAL-TWO UNIT | $306,900 | 140 ft |
| 1015 26TH AVE S E MINNEAPOLIS MN 55414 | BT HOUSING LLC | RESIDENTIAL-TWO UNIT | $411,500 | 144 ft |
| 1023 26TH AVE S E MINNEAPOLIS MN 55414 | WEBER LIVING TRUST | RESIDENTIAL-TWO UNIT | $289,100 | 146 ft |
| 1011 26TH AVE S E MINNEAPOLIS MN 55414 | B A CONNOY & G M DEEGAN JR | RESIDENTIAL | $270,000 | 159 ft |
| 1036 25TH AVE S E MINNEAPOLIS MN 55414 | BRIAN A BISCHOF | RESIDENTIAL | $259,500 | 160 ft |
Most Recent Sale
Current Tax Year