ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2023 · $70K total declared value · Most recent: Dec 2025 (commfdrr)
Corval Constructors Inc
MA MORTENSON DEV INC
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
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 |
|---|---|---|---|---|
| 2405 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | COMMERCIAL-PREFERRED | $0 | 272 ft |
| 2309 RIVERSIDE AVE MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HEALTHCARE SRV | LAND-COMMERCIAL | $170,600 | 291 ft |
| 701 25TH AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HEALTH SERVICES | COMMERCIAL-PREFERRED | $9,200,000 | 308 ft |
| 2425 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | LAND-COMMERCIAL | $0 | 313 ft |
| 2431 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | RESIDENTIAL-TWO UNIT | $0 | 340 ft |
| 2323 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | COMMERCIAL-PREFERRED | $0 | 346 ft |
| 2500 RIVERSIDE AVE MINNEAPOLIS MN 55454 | FOURHEADS LLP | COMMERCIAL-PREFERRED | $621,000 | 363 ft |
| 2315 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | LAND-COMMERCIAL | $0 | 432 ft |
| 2323 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG COLLEGE | LAND-COMMERCIAL | $0 | 432 ft |
| 606 24TH AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HEALTHCARE SRV | COMMERCIAL-PREFERRED | $0 | 433 ft |
Most Recent Sale
Current Tax Year