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.
No permits found in Minneapolis open data for this parcel.
Como · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1040.01
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 12,351 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | 1040 LLC | APARTMENT | $4,480,000 | 132 ft |
| 1122 COMO AVE S E MINNEAPOLIS MN 55414 | 1122 COMO LLC | APARTMENT | $1,847,000 | 149 ft |
| 941 12TH AVE S E MINNEAPOLIS MN 55414 | VAN CLEVE APARTMENTS W LP | LOW INCOME RENTAL | $6,922,000 | 191 ft |
| 1005 12TH AVE S E MINNEAPOLIS MN 55414 | MARY SUE COMFORT REVOC TRUST | APARTMENT | $1,361,000 | 241 ft |
| 825 11TH AVE S E MINNEAPOLIS MN 55414 | BKS INDUSTRIAL REAL EST LLC | COMMERCIAL-PREFERRED | $1,323,000 | 283 ft |
| 824 14TH AVE S E MINNEAPOLIS MN 55414 | GREAT NORTHERN RY CO | RAILROAD | $0 | 286 ft |
| 822 11TH AVE S E MINNEAPOLIS MN 55414 | NB PROPERTY2 LLC | COMMERCIAL-PREFERRED | $658,000 | 301 ft |
| 1202 COMO AVE S E MINNEAPOLIS MN 55414 | 1202 COMO SE LLC | APARTMENT | $1,242,000 | 311 ft |
| 819 11TH AVE S E MINNEAPOLIS MN 55414 | GARY R HOWE | RESIDENTIAL | $311,000 | 340 ft |
| 1015 12TH AVE S E MINNEAPOLIS MN 55414 | MARY SUE COMFORT REVOC TRUST | APARTMENT | $1,361,000 | 342 ft |
Most Recent Sale
Current Tax Year