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.
3 permits on record since 2023 · $12K total declared value · Most recent: Jan 2024 (res)
Dean's Professional Plumbing Inc
Mayday Restoration
TOTAL COMFORT
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
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 2,447 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1823 TALMAGE AVE S E MINNEAPOLIS MN 55414 | PATRICK J MCSHERRY | RESIDENTIAL | $273,400 | 45 ft |
| 1815 TALMAGE AVE S E MINNEAPOLIS MN 55414 | THE COLE DIVISION LLC | RESIDENTIAL | $238,000 | 47 ft |
| 1071 19TH AVE S E MINNEAPOLIS MN 55414 | FREDERICK N PUZAK | VACANT LAND-RESIDENTIAL | $133,000 | 142 ft |
| 1801 TALMAGE AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | APARTMENT | $623,000 | 156 ft |
| 1901 TALMAGE AVE S E MINNEAPOLIS MN 55414 | CYM WARKOV | RESIDENTIAL | $343,600 | 166 ft |
| 1072 18TH AVE S E MINNEAPOLIS MN 55414 | WALLACE J SAX/BEVERLY I SAX | APARTMENT | $508,000 | 166 ft |
| 1076 18TH AVE S E MINNEAPOLIS MN 55414 | JAMES EISCHENS | RESIDENTIAL | $251,700 | 195 ft |
| 1072 19TH AVE S E MINNEAPOLIS MN 55414 | FREDERICK N PUZAK | VACANT LAND-RESIDENTIAL | $113,000 | 224 ft |
| 1078 18TH AVE S E MINNEAPOLIS MN 55414 | 1078 18TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $519,400 | 229 ft |
| 1911 TALMAGE AVE S E MINNEAPOLIS MN 55414 | CHRISTOPHER M WAHRMAN | RESIDENTIAL | $269,600 | 237 ft |
Most Recent Sale
Current Tax Year