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 ↗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
Market data unavailable for zip code 55455.
Residential Mixed-Use 3 — higher-density mixed residential
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 |
|---|---|---|---|---|
| 424 21ST AVE S MINNEAPOLIS MN 55455 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 26 ft |
| 418 21ST AVE S MINNEAPOLIS MN 55455 | UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 27 ft |
| 426 21ST AVE S MINNEAPOLIS MN 55455 | UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 51 ft |
| 414 21ST AVE S MINNEAPOLIS MN 55455 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 54 ft |
| 2020 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 78 ft |
| 428 21ST AVE S MINNEAPOLIS MN 55455 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 101 ft |
| 2018 5TH ST S MINNEAPOLIS MN 55454 | UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 108 ft |
| 2016 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 140 ft |
| 419 21ST AVE S MINNEAPOLIS MN 55455 | UNIVERSITY OF MINN | COMMERCIAL-PREFERRED | $0 | 146 ft |
| 2012 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 172 ft |
Current Tax Year