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.
5 permits on record since 2007 · $10.3M total declared value · Most recent: May 2021 (commfdnr)
Schadegg Mechanical
KRAUS ANDERSON CONST CO
Schadegg Mechanical
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
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 |
|---|---|---|---|---|
| 599 25TH AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HEALTH SERVICES | COMMERCIAL-PREFERRED | $0 | 135 ft |
| 2512 7TH ST S MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HLTHCARE SERV | COMMERCIAL-PREFERRED | $0 | 286 ft |
| 2414 7TH ST S MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HLTHCARE SERV | COMMERCIAL-PREFERRED | $0 | 356 ft |
| 2601 6TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $407,000 | 411 ft |
| 2605 6TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $375,900 | 444 ft |
| 2609 6TH ST S MINNEAPOLIS MN 55454 | HALEY BEGORDIS | CONDOMINIUM | $175,000 | 478 ft |
| 2609 6TH ST S MINNEAPOLIS MN 55454 | D C DUSBABEK & L M JOHNSON | CONDOMINIUM | $244,000 | 478 ft |
| MN | Unknown | — | — | 478 ft |
| 2600 7TH ST S MINNEAPOLIS MN 55454 | P M FERGUSON & K M FERGUSON | RESIDENTIAL | $194,100 | 481 ft |
| 2604 7TH ST S MINNEAPOLIS MN 55454 | T R FLESHER & K A FLESHER | RESIDENTIAL | $264,200 | 509 ft |
Most Recent Sale
Current Tax Year