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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Cedar Riverside · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1048.02
Zip code 55454
Source: Redfin Data Center (Invalid Date) · Zip 55454
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2128 5TH ST S MINNEAPOLIS MN 55454 | STATE OF MINN | LAND-COMMERCIAL | $0 | 187 ft |
| 419 21ST AVE S MINNEAPOLIS MN 55455 | UNIVERSITY OF MINN | COMMERCIAL-PREFERRED | $0 | 293 ft |
| 2129 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 331 ft |
| 2123 5TH ST S MINNEAPOLIS MN 55454 | REGENTS OF UNIV OF MINN | LAND-COMMERCIAL | $0 | 331 ft |
| 2131 5TH ST S MINNEAPOLIS MN 55454 | U OF MINN | LAND-COMMERCIAL | $0 | 333 ft |
| 2119 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 351 ft |
| 2109 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 354 ft |
| 414 21ST AVE S MINNEAPOLIS MN 55455 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 381 ft |
| 2117 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 383 ft |
| 418 21ST AVE S MINNEAPOLIS MN 55455 | UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 388 ft |
Most Recent Sale
Current Tax Year