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.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1069
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-density mixed residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2217 NICOLLET AVE MINNEAPOLIS MN 55404 | THE NUW WAY HOUSE INC | COMMERCIAL-PREFERRED | $0 | 139 ft |
| 2206 1ST AVE S MINNEAPOLIS MN 55404 | L M ROLFSHUS & D A ROLFSHUS | TRIPLEX | $520,700 | 140 ft |
| 2213 NICOLLET AVE MINNEAPOLIS MN 55404 | ZACHARY J HOWE | RESIDENTIAL | $429,600 | 164 ft |
| 2309 NICOLLET AVE MINNEAPOLIS MN 55404 | 2309 NICOLLET LLC | COMMERCIAL-PREFERRED | $1,700,000 | 178 ft |
| 2312 1ST AVE S MINNEAPOLIS MN 55404 | GARFIELD COURT PTNSHP LLP | APARTMENT | $2,425,000 | 182 ft |
| 2200 1ST AVE S MINNEAPOLIS MN 55404 | THE NU WAY HOUSE INC | RESIDENTIAL | $0 | 202 ft |
| 2201 NICOLLET AVE MINNEAPOLIS MN 55404 | MLT PROPERTIES LLC | COMMERCIAL-PREFERRED | $690,000 | 232 ft |
| 2309 1ST AVE S MINNEAPOLIS MN 55404 | MINNEAPOLIS SOC FINE ARTS | COMMERCIAL-PREFERRED | $0 | 251 ft |
| 2300 STEVENS AVE MINNEAPOLIS MN 55404 | MINNEAPOLIS SOC FINE ARTS | COMMERCIAL-PREFERRED | $0 | 268 ft |
| 4 24TH ST E MINNEAPOLIS MN 55404 | MN CONFERENCE ASSOC OF SDA'S | COMMERCIAL-PREFERRED | $0 | 275 ft |
Current Tax Year