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 2020 · $25K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
EZ HOME SOLUTIONS LLC
EZ HOME SOLUTIONS LLC
MN Plumbing & Home Services INC
Home Energy Center 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,017 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1053 25TH AVE S E MINNEAPOLIS MN 55414 | MICHAEL DEAN KROELLS | RESIDENTIAL | $264,100 | 38 ft |
| 1049 25TH AVE S E MINNEAPOLIS MN 55414 | TRAILHEAD RENTALS LLC | RESIDENTIAL-TWO UNIT | $526,300 | 78 ft |
| 1057 25TH AVE S E MINNEAPOLIS MN 55414 | 1604 DAYTON LLC | RESIDENTIAL-TWO UNIT | $261,400 | 102 ft |
| 1045 25TH AVE S E MINNEAPOLIS MN 55414 | TODD D BERGLAND | RESIDENTIAL | $222,000 | 118 ft |
| 1061 25TH AVE S E MINNEAPOLIS MN 55414 | BEN JANSSENS PROPERTIES LLC | RESIDENTIAL | $255,000 | 140 ft |
| 1056 24TH AVE S E MINNEAPOLIS MN 55414 | PHILIP F JENSEN | RESIDENTIAL-TWO UNIT | $279,800 | 140 ft |
| 1054 24TH AVE S E MINNEAPOLIS MN 55414 | MRPG INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $292,800 | 146 ft |
| 1041 25TH AVE S E MINNEAPOLIS MN 55414 | PAUL KRAEL & EMILIE HEDLUND | RESIDENTIAL | $322,700 | 158 ft |
| 1048 24TH AVE S E MINNEAPOLIS MN 55414 | BECKER & ENGELBY PROP LLC | RESIDENTIAL | $294,000 | 162 ft |
| 1058 24TH AVE S E MINNEAPOLIS MN 55414 | 12 PROPERTIES LLC | RESIDENTIAL | $267,900 | 171 ft |
Most Recent Sale
Current Tax Year