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.
1 permit on record since 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
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 2,627 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1041 23RD AVE S E MINNEAPOLIS MN 55414 | KYLE G BRECHKO | RESIDENTIAL | $267,300 | 39 ft |
| 1035 23RD AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL | $267,000 | 40 ft |
| 1045 23RD AVE S E MINNEAPOLIS MN 55414 | STEADY PROPERTIES LLC | TRIPLEX | $552,200 | 80 ft |
| 1031 23RD AVE S E MINNEAPOLIS MN 55414 | D PURCELL & K PURCELL | RESIDENTIAL | $275,100 | 82 ft |
| 1049 23RD AVE S E MINNEAPOLIS MN 55414 | DAVID D MOERKE | RESIDENTIAL | $271,800 | 120 ft |
| 1027 23RD AVE S E MINNEAPOLIS MN 55414 | FREDERIK K BETHKE ET AL | RESIDENTIAL | $316,600 | 123 ft |
| 1040 22ND AVE S E MINNEAPOLIS MN 55414 | PARADYGM PROPS OF T C LLC | RESIDENTIAL | $274,700 | 142 ft |
| 1044 22ND AVE S E MINNEAPOLIS MN 55414 | BENJAMIN PFINGSTEN | RESIDENTIAL | $287,000 | 145 ft |
| 1036 22ND AVE S E MINNEAPOLIS MN 55414 | K & R STRATEGIC INVESTMENTS | RESIDENTIAL | $317,500 | 149 ft |
| 1053 23RD AVE S E MINNEAPOLIS MN 55414 | MIKE A HUTSON | RESIDENTIAL | $359,800 | 159 ft |
Most Recent Sale
Current Tax Year