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 2018 · Most recent: Jul 2022 (existres)
BOEHM HEATING
Genz-Ryan Plumbing and Heating Co
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 1,913 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 722 27TH AVE S MINNEAPOLIS MN 55454 | MARK CEMENSKY | APARTMENT | $987,000 | 41 ft |
| 2622 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $356,100 | 62 ft |
| 2618 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $266,600 | 82 ft |
| 2630 8TH ST S MINNEAPOLIS MN 55454 | MATHEW S STREATER | RESIDENTIAL-TWO UNIT | $316,800 | 86 ft |
| 718 27TH AVE S MINNEAPOLIS MN 55454 | JOAN S SCULLY/CAROLE A PERKO | RESIDENTIAL-TWO UNIT | $313,700 | 88 ft |
| 2616 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $241,700 | 104 ft |
| 712 27TH AVE S MINNEAPOLIS MN 55454 | MARIE E OLOFSDOTTER | RESIDENTIAL-TWO UNIT | $292,500 | 125 ft |
| 2612 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $188,000 | 129 ft |
| 2608 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $194,600 | 156 ft |
| 721 26TH AVE S MINNEAPOLIS MN 55454 | DANIEL L TRUCHON | RESIDENTIAL-TWO UNIT | $245,700 | 174 ft |
Most Recent Sale
Current Tax Year