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.
25 permits on record since 2000 · $8.8M total declared value · Most recent: Feb 2025 (commfdnr)
Metropolitan Mechanical Contractors
MINT ROOFING
HSRE-MN 701 25 Avenue LLC
Metropolitan Mechanical Contractors Inc
Metropolitan Mechanical Contractors 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.
Back-of-envelope estimate based on 5-over-1 podium (12–50 units) benchmarks for 13,486 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 717 25TH AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HLTHCARE SERV | COMMERCIAL-PREFERRED | $424,400 | 146 ft |
| 2500 RIVERSIDE AVE MINNEAPOLIS MN 55454 | FOURHEADS LLP | COMMERCIAL-PREFERRED | $621,000 | 247 ft |
| 2520 8TH ST S MINNEAPOLIS MN 55454 | RIVERSIDE GROUP MN LLC | APARTMENT | $13,500,000 | 271 ft |
| 2512 7TH ST S MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HLTHCARE SERV | COMMERCIAL-PREFERRED | $0 | 282 ft |
| 2406 RIVERSIDE AVE MINNEAPOLIS MN 55454 | FAIRVIEW HOSP/HLTHCARE SERV | COMMERCIAL-PREFERRED | $0 | 308 ft |
| 2526 8TH ST S MINNEAPOLIS MN 55454 | JOHN BOECKER | APARTMENT | $861,000 | 326 ft |
| 2601 7TH ST S MINNEAPOLIS MN 55454 | SERENITY HOLDINGS LLC | RESIDENTIAL | $177,300 | 354 ft |
| 2530 8TH ST S MINNEAPOLIS MN 55454 | DAVID M OLSON | RESIDENTIAL-TWO UNIT | $344,600 | 355 ft |
| 2431 RIVERSIDE AVE MINNEAPOLIS MN 55454 | AUGSBURG UNIVERSITY | RESIDENTIAL-TWO UNIT | $0 | 369 ft |
| 2603 7TH ST S MINNEAPOLIS MN 55454 | MALIK ELATE | RESIDENTIAL-TWO UNIT | $217,400 | 384 ft |
Current Tax Year