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 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 2,560 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1093 12TH AVE S E MINNEAPOLIS MN 55414 | 1093 12TH AV SE MPS MN 554I4 | RESIDENTIAL | $332,500 | 40 ft |
| 1087 12TH AVE S E MINNEAPOLIS MN 55414 | ZENGQU LIN & YIYING NI | RESIDENTIAL | $238,900 | 40 ft |
| 1095 12TH AVE S E MINNEAPOLIS MN 55414 | SOUTHEAST PROPERTY LLC | RESIDENTIAL-TWO UNIT | $368,500 | 80 ft |
| 1081 12TH AVE S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL | $222,100 | 80 ft |
| 1079 12TH AVE S E MINNEAPOLIS MN 55414 | ADAM M WRUCKE | RESIDENTIAL | $322,400 | 120 ft |
| 1099 12TH AVE S E MINNEAPOLIS MN 55414 | JOHN HRONOSKI ETAL | RESIDENTIAL | $242,000 | 121 ft |
| 1090 11TH AVE S E MINNEAPOLIS MN 55414 | TA REAL ESTATE LLC | RESIDENTIAL | $196,900 | 138 ft |
| 1094 11TH AVE S E MINNEAPOLIS MN 55414 | DANIEL J BUSSE | RESIDENTIAL-TWO UNIT | $289,200 | 144 ft |
| 1086 11TH AVE S E MINNEAPOLIS MN 55414 | MATTHEW G TOOMEY | RESIDENTIAL | $420,800 | 144 ft |
| 1082 11TH AVE S E MINNEAPOLIS MN 55414 | BLACK WIDOW SPIDER LLC | RESIDENTIAL-TWO UNIT | $305,300 | 160 ft |
Most Recent Sale
Current Tax Year