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.
5 permits on record since 2021 · $10K total declared value · Most recent: Oct 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Airic's Heating & Air Conditioning Inc
Water Heaters Now Inc
All Pride Plumbing 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 2,651 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1036 22ND AVE S E MINNEAPOLIS MN 55414 | K & R STRATEGIC INVESTMENTS | RESIDENTIAL | $317,500 | 40 ft |
| 1028 22ND AVE S E MINNEAPOLIS MN 55414 | THEODORE JAMES LOCKWOOD | RESIDENTIAL | $238,000 | 75 ft |
| 1040 22ND AVE S E MINNEAPOLIS MN 55414 | PARADYGM PROPS OF T C LLC | RESIDENTIAL | $274,700 | 80 ft |
| 1044 22ND AVE S E MINNEAPOLIS MN 55414 | BENJAMIN PFINGSTEN | RESIDENTIAL | $287,000 | 120 ft |
| 1031 23RD AVE S E MINNEAPOLIS MN 55414 | D PURCELL & K PURCELL | RESIDENTIAL | $275,100 | 142 ft |
| 1027 23RD AVE S E MINNEAPOLIS MN 55414 | FREDERIK K BETHKE ET AL | RESIDENTIAL | $316,600 | 146 ft |
| 1035 23RD AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL | $267,000 | 149 ft |
| 1035 22ND AVE S E MINNEAPOLIS MN 55414 | SONJA DAHL | RESIDENTIAL | $137,600 | 157 ft |
| 1023 23RD AVE S E MINNEAPOLIS MN 55414 | GORDON J OLSON | RESIDENTIAL | $202,900 | 161 ft |
| 1048 22ND AVE S E MINNEAPOLIS MN 55414 | S POINDEXTER & S POINDEXTER | RESIDENTIAL | $258,500 | 161 ft |
Most Recent Sale
Current Tax Year