Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1057
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 3,490 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1728 2ND AVE S MINNEAPOLIS MN 55403 | 1728 SEC AVE/1801 THIRD AVE | LOW INCOME RENTAL | $1,616,000 | 50 ft |
| 1714 2ND AVE S MINNEAPOLIS MN 55403 | 1806 & 1810 THIRD AVE LLC | LOW INCOME RENTAL | $733,000 | 50 ft |
| 1710 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS CMMTY ASC LTD PTSHP | APARTMENT | $1,383,000 | 99 ft |
| 124 18TH ST E MINNEAPOLIS MN 55403 | STEVENS COMM ASSOCIATES | APARTMENT | $2,606,000 | 144 ft |
| 1717 STEVENS AVE MINNEAPOLIS MN 55403 | STEVENS COMMUINTY ASSC LP | VACANT LAND-APARTMENT | $64,000 | 147 ft |
| 1706 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC | APARTMENT | $1,469,000 | 149 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | CALICO LLC | CONDOMINIUM | $131,000 | 166 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | SHELLY KADRLIK | CONDOMINIUM | $135,000 | 166 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | LANI M PAYETTE | CONDOMINIUM | $115,000 | 166 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | MATTHIEU KYLE GEISER | CONDOMINIUM | $115,000 | 166 ft |
Most Recent Sale
Current Tax Year