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 2019 · $4K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
STORM GROUP ROOFING 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 2,772 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1058 12TH AVE S E MINNEAPOLIS MN 55414 | CITY LAKES COMM LAND TRUST | — | $251,900 | 38 ft |
| 1050 12TH AVE S E MINNEAPOLIS MN 55414 | BLAINE T KUHLMAN | RESIDENTIAL | $290,400 | 40 ft |
| 1046 12TH AVE S E MINNEAPOLIS MN 55414 | SHAWN LAUMANN & S J LAUMANN | RESIDENTIAL | $367,700 | 80 ft |
| 1042 12TH AVE S E MINNEAPOLIS MN 55414 | JOHN J DORAN | RESIDENTIAL | $335,100 | 120 ft |
| 1057 13TH AVE S E MINNEAPOLIS MN 55414 | 1424-1428 6TH SE LLC | RESIDENTIAL-TWO UNIT | $552,400 | 134 ft |
| 1051 13TH AVE S E MINNEAPOLIS MN 55414 | BRETT A STINSON | RESIDENTIAL-TWO UNIT | $473,800 | 136 ft |
| 1203 TALMAGE AVE S E MINNEAPOLIS MN 55414 | 1203 TALMAGE AVE SE LLC | TRIPLEX | $1,157,100 | 150 ft |
| 1045 13TH AVE S E MINNEAPOLIS MN 55414 | SAMANTHA HOANGLONG | RESIDENTIAL-TWO UNIT | $349,000 | 154 ft |
| 1038 12TH AVE S E MINNEAPOLIS MN 55414 | NOEL CHRISTINE SWITZER | RESIDENTIAL | $282,400 | 161 ft |
| 1043 13TH AVE S E MINNEAPOLIS MN 55414 | 1043 13TH LLC | RESIDENTIAL | $315,400 | 179 ft |
Most Recent Sale
Current Tax Year