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.
3 permits on record since 2020 · $40K total declared value · Most recent: Nov 2024 (roofwind)
Allan Dorney Construction
CenterPoint Energy Resource Corp
BARNES PLUMBING
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 1,555 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2405 1ST AVE S MINNEAPOLIS MN 55404 | EBULLIENT INVESTMENTS LLC | APARTMENT | $691,000 | 66 ft |
| 2401 1ST AVE S MINNEAPOLIS MN 55404 | EBULLIENT INVESTMENTS LLC | APARTMENT | $801,000 | 67 ft |
| 2409 1ST AVE S MINNEAPOLIS MN 55404 | EBULLIENT INVESTMENTS LLC | APARTMENT | $1,391,000 | 81 ft |
| 2400 STEVENS AVE MINNEAPOLIS MN 55404 | COUNTY OF HENNEPIN | COMMERCIAL-PREFERRED | $0 | 97 ft |
| 2404 STEVENS AVE MINNEAPOLIS MN 55404 | JAUNAE BROOKS | TRIPLEX | $527,800 | 119 ft |
| 2413 1ST AVE S MINNEAPOLIS MN 55404 | JAMES AT MCAD LLC | APARTMENT | $1,246,000 | 124 ft |
| 2414 STEVENS AVE MINNEAPOLIS MN 55404 | FLETCHER WANLESS | RESIDENTIAL | $505,000 | 151 ft |
| 108 24TH ST E MINNEAPOLIS MN 55404 | MPLS SOCIETY OF FINE ARTS | RESIDENTIAL-ZERO LOT LINE | $0 | 162 ft |
| 106 24TH ST E MINNEAPOLIS MN 55404 | JEFFREY M NELSON ET AL | RESIDENTIAL-ZERO LOT LINE | $478,200 | 164 ft |
| 2417 1ST AVE S MINNEAPOLIS MN 55404 | ARNOLD P SCHOLL | TRIPLEX | $478,100 | 169 ft |
Most Recent Sale
Current Tax Year