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.
2 permits on record since 2022 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
BWS Heating and Air Conditioning 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 2,767 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1085 16TH AVE S E MINNEAPOLIS MN 55414 | 1085 16TH AVENUE SE | RESIDENTIAL | $375,500 | 40 ft |
| 1079 16TH AVE S E MINNEAPOLIS MN 55414 | RED KEEP RENTALS LLC | RESIDENTIAL-TWO UNIT | $359,600 | 50 ft |
| 1091 16TH AVE S E MINNEAPOLIS MN 55414 | MARK A & ANN D JOHNSON | RESIDENTIAL-TWO UNIT | $391,800 | 81 ft |
| 1073 16TH AVE S E MINNEAPOLIS MN 55414 | C M PACZKOWSKI/M L BROWN | RESIDENTIAL | $333,700 | 108 ft |
| 1093 16TH AVE S E MINNEAPOLIS MN 55414 | 1093 16TH LLC | RESIDENTIAL | $365,200 | 121 ft |
| 1080 15TH AVE S E MINNEAPOLIS MN 55414 | JAMES J GIESE | RESIDENTIAL | $422,000 | 132 ft |
| 1076 15TH AVE S E MINNEAPOLIS MN 55414 | GOLDFINCH HOUSING LLC | RESIDENTIAL | $267,000 | 137 ft |
| 1084 15TH AVE S E MINNEAPOLIS MN 55414 | A J CARLSON/T M CARLSON ETAL | RESIDENTIAL | $303,600 | 138 ft |
| 1072 15TH AVE S E MINNEAPOLIS MN 55414 | LONDONBERRY LLC | RESIDENTIAL-TWO UNIT | $319,100 | 154 ft |
| 1090 15TH AVE S E MINNEAPOLIS MN 55414 | ANDREW LEVIN | RESIDENTIAL | $305,700 | 155 ft |
Most Recent Sale
Current Tax Year