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 ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1044
Zip code 55402
Source: Redfin Data Center (Invalid Date) · Zip 55402
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 717 2ND AVE S MINNEAPOLIS MN 55402 | THE MPLS CLUB | SOCIAL CLUB | $3,629,800 | 178 ft |
| 220 8TH ST S MINNEAPOLIS MN 55402 | MPLS CLUB | SOCIAL CLUB | $2,420,200 | 192 ft |
| 625 2ND AVE S MINNEAPOLIS MN 55402 | INFINITY MEDIA CORPORATION | COMMERCIAL-PREFERRED | $2,904,300 | 210 ft |
| 216 7TH ST S MINNEAPOLIS MN 55402 | MINNEAPOLIS HOTEL GROUP LLC | COMMERCIAL-PREFERRED | $1,514,000 | 235 ft |
| 615 2ND AVE S MINNEAPOLIS MN 55402 | MINNEAPOLIS HOTEL GROUP LLC | COMMERCIAL-PREFERRED | $10,319,000 | 287 ft |
| 706 2ND AVE S MINNEAPOLIS MN 55402 | ST PAUL FIRE & MARINE INS CO | COMMERCIAL-PREFERRED | $4,344,800 | 324 ft |
| 201 6TH ST S MINNEAPOLIS MN 55402 | 225 6TH ST PROP OWNER LLC | COMMERCIAL-NON PREFERRED | $131,580,000 | 363 ft |
| 730 2ND AVE S MINNEAPOLIS MN 55402 | ST PAUL FIRE & MARINE INS CO | COMMERCIAL-PREFERRED | $6,545,800 | 367 ft |
| 805 2ND AVE S MINNEAPOLIS MN 55402 | ST OLAFS CATHOLIC CHRCH/MPLS | LAND-COMMERCIAL | $250,000 | 419 ft |
| 333 7TH ST S MINNEAPOLIS MN 55402 | USPO MINNEAPOLIS LLC | COMMERCIAL-NON PREFERRED | $49,290,000 | 421 ft |
Most Recent Sale
Current Tax Year