ParcelLens
Property Intelligence · Twin Cities
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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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
1 permit on record since 2017 · $5K total declared value · Most recent: Dec 2017 (commercial multi-family)
Edina Heating and Cooling 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
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 2,099 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 813 27TH AVE S MINNEAPOLIS MN 55454 | P & S RICE | RESIDENTIAL-TWO UNIT | $233,500 | 28 ft |
| 2707 8TH ST S MINNEAPOLIS MN 55454 | JAMES M ERCHUL | RESIDENTIAL | $344,000 | 76 ft |
| 2711 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $501,400 | 87 ft |
| 2701 8TH ST S MINNEAPOLIS MN 55454 | DAVID LIU ET AL | RESIDENTIAL-TWO UNIT | $281,600 | 90 ft |
| 2717 8TH ST S MINNEAPOLIS MN 55454 | JACK M ROSSBACH | RESIDENTIAL | $428,000 | 116 ft |
| 2719 8TH ST S MINNEAPOLIS MN 55454 | JING HAI NIU | RESIDENTIAL-TWO UNIT | $365,300 | 153 ft |
| 810 28TH AVE S MINNEAPOLIS MN 55454 | VIET TRAN & TRINH TRAN | RESIDENTIAL | $310,900 | 175 ft |
| 2725 8TH ST S MINNEAPOLIS MN 55454 | W A MELTON & D J MRAZ | RESIDENTIAL-TWO UNIT | $271,600 | 193 ft |
| 2627 8TH ST S MINNEAPOLIS MN 55454 | VOLLMAR HEYWOOD LIVING TRUST | CONDOMINIUM | $254,000 | 198 ft |
| 2627 8TH ST S MINNEAPOLIS MN 55454 | VOLLMAR HEYWOOD LIVING TRUST | CONDOMINIUM | $263,000 | 198 ft |
Most Recent Sale
Current Tax Year