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 2006 · $160K total declared value · Most recent: May 2006 (building re-inspection)
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 1040.01
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 2,556 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2323 COLE AVE S E MINNEAPOLIS MN 55414 | TOOMEY CONTRACTING INC | RESIDENTIAL | $284,900 | 40 ft |
| 2313 COLE AVE S E MINNEAPOLIS MN 55414 | MATTHEW G TOONEY | RESIDENTIAL | $448,900 | 40 ft |
| 2309 COLE AVE S E MINNEAPOLIS MN 55414 | TA REAL ESTATE LLC | RESIDENTIAL | $263,100 | 80 ft |
| 2327 COLE AVE S E MINNEAPOLIS MN 55414 | TA REAL ESTATE LLC | RESIDENTIAL-TWO UNIT | $343,600 | 80 ft |
| 2305 COLE AVE S E MINNEAPOLIS MN 55414 | SANDRA KAY ROOPCHAND TRUST | RESIDENTIAL | $224,800 | 120 ft |
| 2331 COLE AVE S E MINNEAPOLIS MN 55414 | MATTHEW GLENN TOOMEY ET AL | VACANT LAND-RESIDENTIAL | $68,000 | 120 ft |
| 2318 COLE AVE S E MINNEAPOLIS MN 55414 | DIEGO RIVERA LLC | RESIDENTIAL-TWO UNIT | $245,000 | 147 ft |
| 2301 COLE AVE S E MINNEAPOLIS MN 55414 | DIEGO RIVERA LLC | RESIDENTIAL | $185,100 | 160 ft |
| 2335 COLE AVE S E MINNEAPOLIS MN 55414 | W KUBECZKO & M KUBECZKO | RESIDENTIAL | $152,000 | 160 ft |
| 894 23RD AVE S E MINNEAPOLIS MN 55414 | J D BENTS/M G & A M TOOMEY | RESIDENTIAL | $279,900 | 178 ft |
Most Recent Sale
Current Tax Year