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.
3 permits on record since 2022 · $33K total declared value · Most recent: Feb 2024 (res)
Urban Pine Plumbing and Mechanical Inc
TWIN CITY EXTERIORS CO
MIDWEST ROOF & SOLAR AND SUPERIOR WINDOWS
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 |
|---|---|---|---|---|
| 1051 12TH AVE S E MINNEAPOLIS MN 55414 | JAMES T EISCHENS | RESIDENTIAL | $312,900 | 40 ft |
| 1041 12TH AVE S E MINNEAPOLIS MN 55414 | BENJAMIN A KRULL ET AL TRUST | RESIDENTIAL-TWO UNIT | $399,500 | 60 ft |
| 1053 12TH AVE S E MINNEAPOLIS MN 55414 | CULLAN BENKOFSKE | RESIDENTIAL-TWO UNIT | $358,500 | 81 ft |
| 1059 12TH AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL | $307,300 | 119 ft |
| 1035 12TH AVE S E MINNEAPOLIS MN 55414 | CHAD WOJTOWICK | RESIDENTIAL-TWO UNIT | $393,700 | 120 ft |
| 1031 12TH AVE S E MINNEAPOLIS MN 55414 | T G LINN & C NASE | RESIDENTIAL | $352,600 | 161 ft |
| 1010 11TH AVE S E MINNEAPOLIS MN 55414 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $4,047,000 | 189 ft |
| 1046 12TH AVE S E MINNEAPOLIS MN 55414 | SHAWN LAUMANN & S J LAUMANN | RESIDENTIAL | $367,700 | 194 ft |
| 1042 12TH AVE S E MINNEAPOLIS MN 55414 | JOHN J DORAN | RESIDENTIAL | $335,100 | 198 ft |
| 1050 12TH AVE S E MINNEAPOLIS MN 55414 | BLAINE T KUHLMAN | RESIDENTIAL | $290,400 | 198 ft |
Most Recent Sale
Current Tax Year