On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2024 · $99K total declared value · Most recent: Nov 2024 (roofwind)
RAYCO CONSTRUCTION INC
TREHUS BUILDERS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Marcy Holmes · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 6,625 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 700 2ND AVE S E MINNEAPOLIS MN 55414 | NAEGELE OUTDOOR ADV CO | LAND-COMMERCIAL | $27,800 | 140 ft |
| 624 2ND AVE S E MINNEAPOLIS MN 55414 | DIRT AND DREAMS LLC | LAND - INDUSTRIAL | $249,800 | 151 ft |
| 712 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | RESIDENTIAL | $234,900 | 152 ft |
| 218 7TH ST S E MINNEAPOLIS MN 55414 | DIRT AND DREAMS LLC | LAND - INDUSTRIAL | $216,500 | 156 ft |
| 218 8TH ST S E MINNEAPOLIS MN 55414 | BENSON - MECAY INC | COMMON AREA | $0 | 170 ft |
| 224 8TH ST S E MINNEAPOLIS MN 55414 | HANNAH VAN AMBER | TOWNHOUSE | $370,200 | 170 ft |
| 223 7TH ST S E MINNEAPOLIS MN 55414 | M C HALBROOKS/A K HENDERSON | TOWNHOUSE | $357,400 | 170 ft |
| 221 7TH ST S E MINNEAPOLIS MN 55414 | JANET A CARLSON TRUST AGR | TOWNHOUSE | $306,000 | 170 ft |
| 219 7TH ST S E MINNEAPOLIS MN 55414 | BENSON - MECAY INC | COMMON AREA | $0 | 170 ft |
| 235 7TH ST S E MINNEAPOLIS MN 55414 | MANOR HOMES OLD ST ANTHONY | COMMON AREA | $0 | 170 ft |
Current Tax Year