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 2020 · $40K total declared value · Most recent: Jun 2025 (remodel)
LARKINS CONSTRUCTION INC
Lee Yan
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 2,768 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1076 15TH AVE S E MINNEAPOLIS MN 55414 | GOLDFINCH HOUSING LLC | RESIDENTIAL | $267,000 | 40 ft |
| 1068 15TH AVE S E MINNEAPOLIS MN 55414 | THOMAS GIAIMO/PATRICK SMITH | RESIDENTIAL | $332,100 | 47 ft |
| 1080 15TH AVE S E MINNEAPOLIS MN 55414 | JAMES J GIESE | RESIDENTIAL | $422,000 | 80 ft |
| 1060 15TH AVE S E MINNEAPOLIS MN 55414 | G J OCKENFELS/M G OCKENFELS | RESIDENTIAL | $326,400 | 105 ft |
| 1084 15TH AVE S E MINNEAPOLIS MN 55414 | A J CARLSON/T M CARLSON ETAL | RESIDENTIAL | $303,600 | 120 ft |
| 1079 16TH AVE S E MINNEAPOLIS MN 55414 | RED KEEP RENTALS LLC | RESIDENTIAL-TWO UNIT | $359,600 | 135 ft |
| 1073 16TH AVE S E MINNEAPOLIS MN 55414 | C M PACZKOWSKI/M L BROWN | RESIDENTIAL | $333,700 | 135 ft |
| 1067 16TH AVE S E MINNEAPOLIS MN 55414 | K L VERDIN & J P VERDIN | RESIDENTIAL | $285,000 | 153 ft |
| 1081 16TH AVE S E MINNEAPOLIS MN 55414 | TOBY D & JOANNE M SCHIFSKY | RESIDENTIAL | $251,600 | 154 ft |
| 1090 15TH AVE S E MINNEAPOLIS MN 55414 | ANDREW LEVIN | RESIDENTIAL | $305,700 | 161 ft |
Most Recent Sale
Current Tax Year