ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2024 · $23K total declared value · Most recent: Aug 2024 (misc)
Foremost Exteriors
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 2,562 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1059 12TH AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL | $307,300 | 38 ft |
| 1051 12TH AVE S E MINNEAPOLIS MN 55414 | JAMES T EISCHENS | RESIDENTIAL | $312,900 | 40 ft |
| 1047 12TH AVE S E MINNEAPOLIS MN 55414 | DON K HACKETT | RESIDENTIAL | $296,300 | 81 ft |
| 1063 12TH AVE S E MINNEAPOLIS MN 55414 | THE 1063 LLC | RESIDENTIAL | $297,700 | 140 ft |
| 1041 12TH AVE S E MINNEAPOLIS MN 55414 | BENJAMIN A KRULL ET AL TRUST | RESIDENTIAL-TWO UNIT | $399,500 | 141 ft |
| 1067 12TH AVE S E MINNEAPOLIS MN 55414 | ZAHARA REAL ESTATE LLC | RESIDENTIAL | $252,300 | 178 ft |
| 1054 12TH AVE S E MINNEAPOLIS MN 55414 | ERIC G/JENNIFER K BJERGAARD | RESIDENTIAL | $226,000 | 194 ft |
| 1062 11TH AVE S E MINNEAPOLIS MN 55414 | BALD EAGLE EAGLETS LLC | TRIPLEX | $323,800 | 197 ft |
| 1050 12TH AVE S E MINNEAPOLIS MN 55414 | BLAINE T KUHLMAN | RESIDENTIAL | $290,400 | 198 ft |
| 1058 12TH AVE S E MINNEAPOLIS MN 55414 | CITY LAKES COMM LAND TRUST | — | $251,900 | 198 ft |
Most Recent Sale
Current Tax Year