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 2023 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
All Pride Plumbing Inc
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 4,115 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1072 15TH AVE S E MINNEAPOLIS MN 55414 | LONDONBERRY LLC | RESIDENTIAL-TWO UNIT | $319,100 | 47 ft |
| 1060 15TH AVE S E MINNEAPOLIS MN 55414 | G J OCKENFELS/M G OCKENFELS | RESIDENTIAL | $326,400 | 58 ft |
| 1076 15TH AVE S E MINNEAPOLIS MN 55414 | GOLDFINCH HOUSING LLC | RESIDENTIAL | $267,000 | 88 ft |
| 1080 15TH AVE S E MINNEAPOLIS MN 55414 | JAMES J GIESE | RESIDENTIAL | $422,000 | 128 ft |
| 1073 16TH AVE S E MINNEAPOLIS MN 55414 | C M PACZKOWSKI/M L BROWN | RESIDENTIAL | $333,700 | 133 ft |
| 1067 16TH AVE S E MINNEAPOLIS MN 55414 | K L VERDIN & J P VERDIN | RESIDENTIAL | $285,000 | 135 ft |
| 1525 TALMAGE AVE S E MINNEAPOLIS MN 55414 | 311 SEVENTH AVENUE LLC | RESIDENTIAL-TWO UNIT | $279,100 | 149 ft |
| 1079 16TH AVE S E MINNEAPOLIS MN 55414 | RED KEEP RENTALS LLC | RESIDENTIAL-TWO UNIT | $359,600 | 152 ft |
| 1084 15TH AVE S E MINNEAPOLIS MN 55414 | A J CARLSON/T M CARLSON ETAL | RESIDENTIAL | $303,600 | 168 ft |
| 1056 15TH AVE S E MINNEAPOLIS MN 55414 | KENWOOD VENTURE PARTNERS LLC | RESIDENTIAL | $408,100 | 172 ft |
Most Recent Sale
Current Tax Year