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.
7 permits on record since 2019 · $1.4M total declared value · Most recent: Jan 2020 (commercial multi-family)
Faircon Service Co
Faircon Service Co
Faircon Service Co
Faircon Service Co
FLANNERY CONSTRUCTION
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
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 |
|---|---|---|---|---|
| 2100 STEVENS AVE MINNEAPOLIS MN 55404 | BOLDER OPTIONS | COMMERCIAL-PREFERRED | $0 | 100 ft |
| 116 22ND ST E MINNEAPOLIS MN 55404 | M G TRETTEL & R M HANSON | RESIDENTIAL | $2,700,000 | 119 ft |
| 2105 1ST AVE S MINNEAPOLIS MN 55404 | 1622 PARK LLC | APARTMENT | $750,000 | 132 ft |
| 100 22ND ST E MINNEAPOLIS MN 55404 | 100 22ND LLC | COMMERCIAL-PREFERRED | $800,000 | 177 ft |
| 2115 STEVENS AVE MINNEAPOLIS MN 55404 | SOMALI COM RESET SVC/OLMSTED | COMMERCIAL-PREFERRED | $1,708,500 | 203 ft |
| 2023 STEVENS AVE MINNEAPOLIS MN 55404 | PAULA HORAN | APARTMENT | $1,312,000 | 211 ft |
| 2021 STEVENS AVE MINNEAPOLIS MN 55404 | TUPPER PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $311,100 | 237 ft |
| 111 FRANKLIN AVE E MINNEAPOLIS MN 55404 | LUIS FITCH/CAROLINA FITCH | CONDOMINIUM | $210,000 | 252 ft |
| 111 FRANKLIN AVE E MINNEAPOLIS MN 55404 | NOAH ELLIS | CONDOMINIUM | $213,000 | 252 ft |
| 111 FRANKLIN AVE E MINNEAPOLIS MN 55404 | LISA LOVE | CONDOMINIUM | $200,000 | 252 ft |
Most Recent Sale
Current Tax Year