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.
1 permit on record since 2008 · $1.6M total declared value · Most recent: May 2008 (binb)
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 1040.01
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 4,830 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1720 ROLLINS AVE S E MINNEAPOLIS MN 55414 | CRAIG JANSSEN | RESIDENTIAL | $315,000 | 46 ft |
| 1724 ROLLINS AVE S E MINNEAPOLIS MN 55414 | AABM REALTY LLC | APARTMENT | $666,000 | 95 ft |
| 924 17TH AVE S E MINNEAPOLIS MN 55414 | BMA REALTY LLC | APARTMENT | $1,527,000 | 107 ft |
| 918 17TH AVE S E MINNEAPOLIS MN 55414 | HUNG EN LLC | APARTMENT | $1,160,000 | 114 ft |
| 1732 ROLLINS AVE S E MINNEAPOLIS MN 55414 | AABM REALTY LLC | APARTMENT | $666,000 | 155 ft |
| 1717 ROLLINS AVE S E MINNEAPOLIS MN 55414 | COMO INVSTMNT PROPERTIES LLC | RESIDENTIAL | $721,700 | 181 ft |
| 1709 ROLLINS AVE S E MINNEAPOLIS MN 55414 | COMO INVSTMNT PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $908,300 | 182 ft |
| 1701 ELM ST S E MINNEAPOLIS MN 55414 | NJ ELM LLC | APARTMENT | $2,944,000 | 200 ft |
| 1721 ROLLINS AVE S E MINNEAPOLIS MN 55414 | J SWANSON & T SWANSON ET AL | RESIDENTIAL | $262,000 | 203 ft |
| 1725 ELM ST S E MINNEAPOLIS MN 55414 | NJ ELM LLC | APARTMENT | $3,002,000 | 210 ft |
Most Recent Sale
Current Tax Year