Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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 ↗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.
6 permits on record since 2005 · $163K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
THINK STUCCO
RIVERVIEW WINDOW INC
Cities 1 Plumbing and Heating Inc
AMERICAN BUILDING CONTRACTORS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · 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
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 3,486 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2019 2ND AVE S MINNEAPOLIS MN 55404 | TITHE INVESTMENTS LLC | APARTMENT | $523,000 | 50 ft |
| 2011 2ND AVE S MINNEAPOLIS MN 55404 | 2101 THIRD AVENUE LLC | APARTMENT | $476,000 | 50 ft |
| 2005 2ND AVE S MINNEAPOLIS MN 55404 | DAVID J KORTZ | TRIPLEX | $588,700 | 100 ft |
| 2023 2ND AVE S MINNEAPOLIS MN 55404 | TITHE INVESTMENTS LLC | TRIPLEX | $504,500 | 113 ft |
| 2014 3RD AVE S MINNEAPOLIS MN 55404 | WHITTIER PROPERTIES HOLDINGS | APARTMENT | $1,399,000 | 142 ft |
| 201 FRANKLIN AVE E MINNEAPOLIS MN 55404 | A HARDY TREE SERVICE INC | APARTMENT | $425,000 | 161 ft |
| 2000 3RD AVE S MINNEAPOLIS MN 55404 | WARSAME PETROLEUM LLC | COMMERCIAL-PREFERRED | $654,000 | 179 ft |
| 2014 2ND AVE S MINNEAPOLIS MN 55404 | RAY BROS INC | APARTMENT | $863,000 | 187 ft |
| 2103 2ND AVE S MINNEAPOLIS MN 55404 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $620,700 | 188 ft |
| 2008 2ND AVE S MINNEAPOLIS MN 55404 | M E CASEY & A Y JONES | TRIPLEX | $701,400 | 193 ft |
Most Recent Sale
Current Tax Year