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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗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.
2 permits on record since 2006 · $10.6M total declared value · Most recent: Jun 2006 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 |
|---|---|---|---|---|
| 2317 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | LAND-COMMERCIAL | $0 | 38 ft |
| 2321 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | LAND-COMMERCIAL | $0 | 104 ft |
| 2319 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | LAND-COMMERCIAL | $0 | 126 ft |
| 2315 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | LAND-COMMERCIAL | $0 | 172 ft |
| 2323 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG COLLEGE | LAND-COMMERCIAL | $0 | 179 ft |
| 2323 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | COMMERCIAL-PREFERRED | $0 | 192 ft |
| 2324 BUTLER PL MINNEAPOLIS MN 55454 | AUGSBURG COLLEGE | LAND-COMMERCIAL | $0 | 262 ft |
| 2405 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | COMMERCIAL-PREFERRED | $0 | 369 ft |
| 801 22ND AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS PK BOARD | LAND-COMMERCIAL | $0 | 386 ft |
| 2309 RIVERSIDE AVE MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HEALTHCARE SRV | LAND-COMMERCIAL | $170,600 | 415 ft |
Current Tax Year