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.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 1,939 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1066 11TH AVE S E MINNEAPOLIS MN 55414 | RICHARD C ESTREM | RESIDENTIAL-TWO UNIT | $344,000 | 38 ft |
| 1070 11TH AVE S E MINNEAPOLIS MN 55414 | WILLIAM M FISCHER | RESIDENTIAL | $294,200 | 78 ft |
| 1074 11TH AVE S E MINNEAPOLIS MN 55414 | 1074 11TH AVENUE SE LLC | RESIDENTIAL | $226,000 | 118 ft |
| 1063 12TH AVE S E MINNEAPOLIS MN 55414 | THE 1063 LLC | RESIDENTIAL | $297,700 | 139 ft |
| 1067 12TH AVE S E MINNEAPOLIS MN 55414 | ZAHARA REAL ESTATE LLC | RESIDENTIAL | $252,300 | 143 ft |
| 1078 11TH AVE S E MINNEAPOLIS MN 55414 | BITTERCRESS LLC | RESIDENTIAL-TWO UNIT | $297,200 | 158 ft |
| 1071 12TH AVE S E MINNEAPOLIS MN 55414 | D & D REAL ESTATE HLDGS LLC | RESIDENTIAL | $307,600 | 159 ft |
| 1059 12TH AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL | $307,300 | 172 ft |
| 1073 12TH AVE S E MINNEAPOLIS MN 55414 | CLINTON & KATHERINE WRAY | VACANT LAND-RESIDENTIAL | $91,000 | 182 ft |
| 1053 12TH AVE S E MINNEAPOLIS MN 55414 | CULLAN BENKOFSKE | RESIDENTIAL-TWO UNIT | $358,500 | 197 ft |
Most Recent Sale
Current Tax Year