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.
2 permits on record since 2019 · $9K total declared value · Most recent: Jan 2026 (existres)
CENTERPOINT ENERGY
SIGNATURE HOME SERVICES LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Urban Neighborhood 2 — moderate-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 sfr / adu benchmarks for 700 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2601 7TH ST S MINNEAPOLIS MN 55454 | SERENITY HOLDINGS LLC | RESIDENTIAL | $177,300 | 30 ft |
| 709 26TH AVE S MINNEAPOLIS MN 55454 | J R HAVERLY ET AL REV TRUST | RESIDENTIAL | $212,300 | 70 ft |
| 2605 7TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $509,500 | 75 ft |
| 711 26TH AVE S MINNEAPOLIS MN 55454 | SALMELA PROPERTIES LLC | TRIPLEX | $449,600 | 99 ft |
| 707 26TH AVE S MINNEAPOLIS MN 55454 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 130 ft |
| 715 26TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $274,900 | 136 ft |
| 713 26TH AVE S MINNEAPOLIS MN 55454 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 148 ft |
| 2613 7TH ST S MINNEAPOLIS MN 55454 | KATHLEEN B DOLLIFF | RESIDENTIAL | $167,000 | 149 ft |
| 2604 7TH ST S MINNEAPOLIS MN 55454 | T R FLESHER & K A FLESHER | RESIDENTIAL | $264,200 | 157 ft |
| 2600 7TH ST S MINNEAPOLIS MN 55454 | P M FERGUSON & K M FERGUSON | RESIDENTIAL | $194,100 | 158 ft |
Most Recent Sale
Current Tax Year