1014 13TH AVE S E MINNEAPOLIS MN 55414

PID: 2402924120146

Property Overview

Parcel ID2402924120146

Lot Size5,299 sq ft (0.122 ac)

Lot Dimensions (est.)132 ft wide × 40 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerCOMO INVSTMNT PROPERTIES LLC

Assessed Value$184,400

Land Value$94,000

Building Value$90,400

Annual Tax$2,855

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

LIHTC 30% Basis BoostMedium

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.

Permit History

4 permits on record since 2016 · $185K total declared value · Most recent: Dec 2017 (res)

ResDec 2017Closed

CENTERPOINT ENERGY

ResMay 2017Closed

All Pride Plumbing Inc

ExistresApr 2017Closed

SWIFT HEATING & AIR CONDITIONING INC

AdditionDec 2016Closed

$185K

MATTHEW KRASKEY CONSTRUCTION

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Como · Minneapolis

Median reported rent1,416/mo

Renter-occupied87.3%

Median home value$321K

Vacancy rate6.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1040.02

Market Snapshot

Zip code 55414

Median sale price$385K+13.2% YoY

Median price / sqft$233/sqft

Median days to close91 days

Active listings36

Source: Redfin Data Center (Invalid Date) · Zip 55414

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth92 ft

Area~2,772 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,772 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1012 13TH AVE S E MINNEAPOLIS MN 55414	SILAS DAILEY & SARAH DAILEY	RESIDENTIAL	$259,600	40 ft
1018 13TH AVE S E MINNEAPOLIS MN 55414	1018 13TH AVE SE LLC	RESIDENTIAL-TWO UNIT	$649,800	50 ft
1006 13TH AVE S E MINNEAPOLIS MN 55414	1006 13TH LLC	RESIDENTIAL	$357,600	80 ft
1026 13TH AVE S E MINNEAPOLIS MN 55414	BRUCE A & GEORGIA A SMITH	RESIDENTIAL	$384,200	111 ft
1002 13TH AVE S E MINNEAPOLIS MN 55414	GOPHER INVESTMENT V LLC	RESIDENTIAL-TWO UNIT	$537,600	120 ft
1015 14TH AVE S E MINNEAPOLIS MN 55414	JAVIER NORBERTO PEREZ MAGANA	RESIDENTIAL	$251,400	132 ft
1017 14TH AVE S E MINNEAPOLIS MN 55414	BLAKE BONJEAN	RESIDENTIAL	$286,600	137 ft
1023 14TH AVE S E MINNEAPOLIS MN 55414	AMEER ANSARI	RESIDENTIAL-TWO UNIT	$357,700	154 ft
1313 COMO AVE S E MINNEAPOLIS MN 55414	MCA APARTMENTS LLC	LOW INCOME RENTAL	$120,000	154 ft
1313 COMO AVE S E MINNEAPOLIS MN 55414	MCA APARTMENTS LLC	CONDOMINIUM	$124,000	154 ft

Property History

Most Recent Sale

Date201608

Price$137,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,855