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.
No permits found in Minneapolis open data for this parcel.
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 3,099 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2507 1ST AVE S MINNEAPOLIS MN 55404 | TAYLOR MCCALL LANDRY | RESIDENTIAL-TWO UNIT | $527,300 | 40 ft |
| 2515 1ST AVE S MINNEAPOLIS MN 55404 | AARON CLARK COLHAPP | RESIDENTIAL | $486,000 | 43 ft |
| 2517 1ST AVE S MINNEAPOLIS MN 55404 | A C COLHAPP & B J COLHAPP | VACANT LAND-RESIDENTIAL | $20,000 | 73 ft |
| 105 25TH ST E MINNEAPOLIS MN 55404 | UPPAL GROUP LLC | RESIDENTIAL-TWO UNIT | $290,500 | 86 ft |
| 109 25TH ST E MINNEAPOLIS MN 55404 | ADELORE LESSARD | RESIDENTIAL-TWO UNIT | $287,800 | 96 ft |
| 101 25TH ST E MINNEAPOLIS MN 55404 | M BELUSA & D O'BRIEN | RESIDENTIAL-TWO UNIT | $355,300 | 96 ft |
| 2519 1ST AVE S MINNEAPOLIS MN 55404 | AMY LYNN BROWN & ERIC F LEVY | RESIDENTIAL | $499,000 | 109 ft |
| 111 25TH ST E MINNEAPOLIS MN 55404 | S J KELLY & D C KELLY | RESIDENTIAL | $187,900 | 127 ft |
| 2510 STEVENS AVE MINNEAPOLIS MN 55404 | LINDA M MARTIN | RESIDENTIAL-TWO UNIT | $485,400 | 141 ft |
| 2506 STEVENS AVE MINNEAPOLIS MN 55404 | THOMAS M ROBERTS | RESIDENTIAL | $322,800 | 142 ft |
Most Recent Sale
Current Tax Year