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: Feb 2025 (res)
ST PAUL PLUMBING AND HEATING CO INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,029 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1054 24TH AVE S E MINNEAPOLIS MN 55414 | MRPG INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $292,800 | 38 ft |
| 1048 24TH AVE S E MINNEAPOLIS MN 55414 | BECKER & ENGELBY PROP LLC | RESIDENTIAL | $294,000 | 78 ft |
| 1058 24TH AVE S E MINNEAPOLIS MN 55414 | 12 PROPERTIES LLC | RESIDENTIAL | $267,900 | 102 ft |
| 1044 24TH AVE S E MINNEAPOLIS MN 55414 | JOHN H WATSON | RESIDENTIAL | $244,000 | 119 ft |
| 1060 24TH AVE S E MINNEAPOLIS MN 55414 | BEAST ENTITIES LLC | RESIDENTIAL | $227,400 | 140 ft |
| 1055 25TH AVE S E MINNEAPOLIS MN 55414 | DREW M REGET & SARAH J REGET | RESIDENTIAL | $322,000 | 140 ft |
| 1053 25TH AVE S E MINNEAPOLIS MN 55414 | MICHAEL DEAN KROELLS | RESIDENTIAL | $264,100 | 144 ft |
| 1040 24TH AVE S E MINNEAPOLIS MN 55414 | SAM SCOTT | RESIDENTIAL | $250,300 | 158 ft |
| 1049 25TH AVE S E MINNEAPOLIS MN 55414 | TRAILHEAD RENTALS LLC | RESIDENTIAL-TWO UNIT | $526,300 | 159 ft |
| 1057 25TH AVE S E MINNEAPOLIS MN 55414 | 1604 DAYTON LLC | RESIDENTIAL-TWO UNIT | $261,400 | 176 ft |
Most Recent Sale
Current Tax Year