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 ↗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.
4 permits on record since 2020 · Most recent: Oct 2024 (existres)
Blue Ox Heating and Air LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Linn Star Transfer 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 3,158 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2425 1ST AVE S MINNEAPOLIS MN 55404 | S W HOLMQUIST & C M ADAMIDI | TRIPLEX | $351,200 | 47 ft |
| 2417 1ST AVE S MINNEAPOLIS MN 55404 | ARNOLD P SCHOLL | TRIPLEX | $478,100 | 47 ft |
| 2413 1ST AVE S MINNEAPOLIS MN 55404 | JAMES AT MCAD LLC | APARTMENT | $1,246,000 | 94 ft |
| 2429 1ST AVE S MINNEAPOLIS MN 55404 | HOUSING FOR THE ARTS LLC | LOW INCOME RENTAL | $579,000 | 104 ft |
| 2420 STEVENS AVE MINNEAPOLIS MN 55404 | J YOST & I YATES & Q BOCK | RESIDENTIAL-TWO UNIT | $493,700 | 138 ft |
| 2409 1ST AVE S MINNEAPOLIS MN 55404 | EBULLIENT INVESTMENTS LLC | APARTMENT | $1,391,000 | 142 ft |
| 2418 STEVENS AVE MINNEAPOLIS MN 55404 | DONNA MORENO | RESIDENTIAL | $369,000 | 146 ft |
| 2424 STEVENS AVE MINNEAPOLIS MN 55404 | PATRICIA A J ARONSEN | APARTMENT | $587,000 | 146 ft |
| 2435 1ST AVE S MINNEAPOLIS MN 55404 | PALLADIUM HOLDINGS LLC | APARTMENT | $576,000 | 161 ft |
| 2414 STEVENS AVE MINNEAPOLIS MN 55404 | FLETCHER WANLESS | RESIDENTIAL | $505,000 | 168 ft |
Most Recent Sale
Current Tax Year