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 2006 · $342K total declared value · Most recent: Feb 2017 (existres)
Advanced Radon 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 small multifamily (2–4 units, wood frame) benchmarks for 1,210 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2711 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $501,400 | 45 ft |
| 2719 8TH ST S MINNEAPOLIS MN 55454 | JING HAI NIU | RESIDENTIAL-TWO UNIT | $365,300 | 45 ft |
| 2707 8TH ST S MINNEAPOLIS MN 55454 | JAMES M ERCHUL | RESIDENTIAL | $344,000 | 90 ft |
| 2725 8TH ST S MINNEAPOLIS MN 55454 | W A MELTON & D J MRAZ | RESIDENTIAL-TWO UNIT | $271,600 | 90 ft |
| 809 27TH AVE S MINNEAPOLIS MN 55454 | L PORTWOOD/M PORTWOOD ET AL | APARTMENT | $373,000 | 116 ft |
| 810 28TH AVE S MINNEAPOLIS MN 55454 | VIET TRAN & TRINH TRAN | RESIDENTIAL | $310,900 | 116 ft |
| 2729 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $306,500 | 120 ft |
| 2701 8TH ST S MINNEAPOLIS MN 55454 | DAVID LIU ET AL | RESIDENTIAL-TWO UNIT | $281,600 | 135 ft |
| 813 27TH AVE S MINNEAPOLIS MN 55454 | P & S RICE | RESIDENTIAL-TWO UNIT | $233,500 | 137 ft |
| 2731 8TH ST S MINNEAPOLIS MN 55454 | LOWERY BECK SMITH R E LLC | RESIDENTIAL-TWO UNIT | $274,200 | 150 ft |
Most Recent Sale
Current Tax Year