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.
9 permits on record since 2018 · $97K total declared value · Most recent: Dec 2025 (misc)
THE HOME DEPOT
WESTERN CONSTRUCTION INC
Metro Heating & Cooling LLC
FIRESIDE HEARTH AND HOME
Able 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,795 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1050 17TH AVE S E MINNEAPOLIS MN 55414 | V P JOHNSON & M RIVARD | RESIDENTIAL | $274,700 | 59 ft |
| 1712 TALMAGE AVE S E MINNEAPOLIS MN 55414 | N F SCOTT & S H SCOTT | RESIDENTIAL | $284,000 | 88 ft |
| 1046 17TH AVE S E MINNEAPOLIS MN 55414 | JEFFREY P PETERSON | RESIDENTIAL-TWO UNIT | $518,700 | 99 ft |
| 1060 17TH AVE S E MINNEAPOLIS MN 55414 | JOSEPH T RUSSELL REV LIV TR | RESIDENTIAL-TWO UNIT | $280,400 | 129 ft |
| 1040 17TH AVE S E MINNEAPOLIS MN 55414 | JOSEPH T RUSSELL TRUST | RESIDENTIAL-TWO UNIT | $361,100 | 138 ft |
| 1049 18TH AVE S E MINNEAPOLIS MN 55414 | A GREENE/A JACKSON/K JACKSON | RESIDENTIAL-TWO UNIT | $365,300 | 158 ft |
| 1057 18TH AVE S E MINNEAPOLIS MN 55414 | GOPHER RENTALS LLC | RESIDENTIAL-TWO UNIT | $352,200 | 168 ft |
| 1047 18TH AVE S E MINNEAPOLIS MN 55414 | JASON DEWITT | RESIDENTIAL | $271,000 | 177 ft |
| 1038 17TH AVE S E MINNEAPOLIS MN 55414 | JOSEPH T RUSSELL TRUST | RESIDENTIAL-TWO UNIT | $343,500 | 178 ft |
| 1055 17TH AVE S E MINNEAPOLIS MN 55414 | 1055 17TH AVE SE LLC | RESIDENTIAL | $218,100 | 183 ft |
Most Recent Sale
Current Tax Year