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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2018 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
NICE NEAT PLUMBING LLC
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 6,788 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1076 18TH AVE S E MINNEAPOLIS MN 55414 | JAMES EISCHENS | RESIDENTIAL | $251,700 | 60 ft |
| 1801 TALMAGE AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | APARTMENT | $623,000 | 77 ft |
| 1078 18TH AVE S E MINNEAPOLIS MN 55414 | 1078 18TH AVE SE LLC | RESIDENTIAL-TWO UNIT | $519,400 | 111 ft |
| 1815 TALMAGE AVE S E MINNEAPOLIS MN 55414 | THE COLE DIVISION LLC | RESIDENTIAL | $238,000 | 123 ft |
| 1071 19TH AVE S E MINNEAPOLIS MN 55414 | FREDERICK N PUZAK | VACANT LAND-RESIDENTIAL | $133,000 | 154 ft |
| 1819 TALMAGE AVE S E MINNEAPOLIS MN 55414 | EMILIE J QUAST TRUST | RESIDENTIAL | $240,100 | 166 ft |
| 1088 18TH AVE S E MINNEAPOLIS MN 55414 | VILIS M & GABRIELLE ZAESKA | RESIDENTIAL | $334,900 | 170 ft |
| 1073 18TH AVE S E MINNEAPOLIS MN 55414 | RANDOLPH G KUJAWA | RESIDENTIAL-TWO UNIT | $414,400 | 200 ft |
| 1823 TALMAGE AVE S E MINNEAPOLIS MN 55414 | PATRICK J MCSHERRY | RESIDENTIAL | $273,400 | 208 ft |
| 1079 18TH AVE S E MINNEAPOLIS MN 55414 | EFREN N ROBLES CELLERI | RESIDENTIAL | $291,200 | 208 ft |
Most Recent Sale
Current Tax Year