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.
4 permits on record since 2017 · $10K total declared value · Most recent: Oct 2025 (remodel)
GGR Restoration LLC
TWIN CITY HEATING AND AIR
TC HOMES INC
Metro Heating & Cooling 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 2,771 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1074 12TH AVE S E MINNEAPOLIS MN 55414 | IRINA VANASEK | RESIDENTIAL | $298,700 | 40 ft |
| 1082 12TH AVE S E MINNEAPOLIS MN 55414 | K A FELBECK & J H ECKHART | RESIDENTIAL | $169,800 | 40 ft |
| 1086 12TH AVE S E MINNEAPOLIS MN 55414 | T S EDMAN & T L SPEAKE | RESIDENTIAL-TWO UNIT | $395,300 | 80 ft |
| 1070 12TH AVE S E MINNEAPOLIS MN 55414 | JAMES EISCHENS | RESIDENTIAL | $299,200 | 90 ft |
| 1088 12TH AVE S E MINNEAPOLIS MN 55414 | KRISTIN T DOOLEY | RESIDENTIAL | $299,900 | 120 ft |
| 1079 13TH AVE S E MINNEAPOLIS MN 55414 | D & D REAL ESTATE HLDGS LLC | RESIDENTIAL | $304,400 | 131 ft |
| 1081 13TH AVE S E MINNEAPOLIS MN 55414 | WAYNE 1081 LLC | RESIDENTIAL-TWO UNIT | $428,000 | 137 ft |
| 1075 13TH AVE S E MINNEAPOLIS MN 55414 | ANDREW I LEVIN ET AL | RESIDENTIAL | $294,400 | 138 ft |
| 1203 TALMAGE AVE S E MINNEAPOLIS MN 55414 | 1203 TALMAGE AVE SE LLC | TRIPLEX | $1,157,100 | 148 ft |
| 1085 13TH AVE S E MINNEAPOLIS MN 55414 | POWDERHORN BUILDINGS LLC | RESIDENTIAL | $223,700 | 154 ft |
Most Recent Sale
Current Tax Year