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.
2 permits on record since 2019 · $8K total declared value · Most recent: Oct 2020 (misc)
Midwest All Weather Construction LLC
CRAFTSMEN HOME IMPROVEMENT 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 2,640 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1033 24TH AVE S E MINNEAPOLIS MN 55414 | ANITA H PETERSEN | RESIDENTIAL-TWO UNIT | $341,500 | 40 ft |
| 1025 24TH AVE S E MINNEAPOLIS MN 55414 | J A YOUNG III & M O YOUNG | RESIDENTIAL | $264,100 | 40 ft |
| 1037 24TH AVE S E MINNEAPOLIS MN 55414 | MINWEI LEI & PING ZHOU | RESIDENTIAL | $229,800 | 80 ft |
| 1021 24TH AVE S E MINNEAPOLIS MN 55414 | COMO7 LLC | RESIDENTIAL | $250,700 | 80 ft |
| 1041 24TH AVE S E MINNEAPOLIS MN 55414 | URBAN CANOPIES L L C | RESIDENTIAL-TWO UNIT | $279,000 | 120 ft |
| 1017 24TH AVE S E MINNEAPOLIS MN 55414 | PATRICK SMITH & TOM GIAIMO | RESIDENTIAL | $231,400 | 120 ft |
| 1028 23RD AVE S E MINNEAPOLIS MN 55414 | 1028 23RD LLC | RESIDENTIAL | $290,300 | 141 ft |
| 1032 23RD AVE S E MINNEAPOLIS MN 55414 | BECKER & ENGELBY PROPS LLC | RESIDENTIAL | $330,400 | 146 ft |
| 1024 23RD AVE S E MINNEAPOLIS MN 55414 | PRIME HOLDINGS LLC | RESIDENTIAL | $252,300 | 148 ft |
| 1045 24TH AVE S E MINNEAPOLIS MN 55414 | URBAN CANOPIES L L C | RESIDENTIAL | $209,500 | 160 ft |
Most Recent Sale
Current Tax Year