ParcelLens
Property Intelligence · Twin Cities
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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.
2 permits on record since 2023 · $7K total declared value · Most recent: Feb 2024 (res)
West Hennepin Plumbing LLC
Perfection Heating and Air Conditioning 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 3,160 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2419 1ST AVE S MINNEAPOLIS MN 55404 | R STROBEL & J STROBEL | RESIDENTIAL-TWO UNIT | $387,600 | 47 ft |
| 2429 1ST AVE S MINNEAPOLIS MN 55404 | HOUSING FOR THE ARTS LLC | LOW INCOME RENTAL | $579,000 | 57 ft |
| 2417 1ST AVE S MINNEAPOLIS MN 55404 | ARNOLD P SCHOLL | TRIPLEX | $478,100 | 94 ft |
| 2435 1ST AVE S MINNEAPOLIS MN 55404 | PALLADIUM HOLDINGS LLC | APARTMENT | $576,000 | 113 ft |
| 2424 STEVENS AVE MINNEAPOLIS MN 55404 | PATRICIA A J ARONSEN | APARTMENT | $587,000 | 139 ft |
| 2413 1ST AVE S MINNEAPOLIS MN 55404 | JAMES AT MCAD LLC | APARTMENT | $1,246,000 | 141 ft |
| MN | Unknown | — | — | 146 ft |
| MN | Unknown | — | — | 146 ft |
| MN | Unknown | — | — | 146 ft |
| 2432 STEVENS AVE MINNEAPOLIS MN 55404 | LYNDALE AVE 7205-7507 LLC | TRIPLEX | $474,000 | 146 ft |
Most Recent Sale
Current Tax Year