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.
6 permits on record since 2017 · $13K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Highmark Home Services LLC
Metro Heating & Cooling LLC
Standard Heating and Air Conditioning Inc
POWERBUILT CONSTRUCTION INC
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 2,641 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1101 24TH AVE S E MINNEAPOLIS MN 55414 | PAUL COCHRAN | RESIDENTIAL | $213,000 | 40 ft |
| 1093 24TH AVE S E MINNEAPOLIS MN 55414 | CAROLINE HOCH | RESIDENTIAL | $324,500 | 40 ft |
| 1105 24TH AVE S E MINNEAPOLIS MN 55414 | MITTECO PROPERTIES LLP | VACANT LAND-RESIDENTIAL | $79,000 | 80 ft |
| 1089 24TH AVE S E MINNEAPOLIS MN 55414 | THUYHANG VU | RESIDENTIAL | $250,800 | 80 ft |
| 1085 24TH AVE S E MINNEAPOLIS MN 55414 | CHASE BUGGETT | RESIDENTIAL | $305,900 | 120 ft |
| 2314 HENNEPIN AVE E MINNEAPOLIS MN 55413 | MITTECO PROPERTIES LLP | COMMERCIAL-PREFERRED | $345,000 | 135 ft |
| 1096 23RD AVE S E MINNEAPOLIS MN 55414 | PB PARNTNERS II LLC | RESIDENTIAL | $242,700 | 141 ft |
| 1100 23RD AVE S E MINNEAPOLIS MN 55414 | AMY BLICKENSDERFER | RESIDENTIAL | $256,000 | 146 ft |
| 1092 23RD AVE S E MINNEAPOLIS MN 55414 | THOMAS E SCHROEDL | RESIDENTIAL | $202,400 | 148 ft |
| 1081 24TH AVE S E MINNEAPOLIS MN 55414 | MRPG INVESTMENTS LLC | RESIDENTIAL | $235,300 | 160 ft |
Most Recent Sale
Current Tax Year