On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
6 permits on record since 2017 · Most recent: Sep 2023 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 68
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 3,282 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 511 FRANKLIN AVE W MINNEAPOLIS MN 55405 | Z ROSS & C LAVERGNE | RESIDENTIAL-TWO UNIT | $386,300 | 64 ft |
| 2009 GARFIELD AVE MINNEAPOLIS MN 55405 | SNYDER APARTMENTS LLC | APARTMENT | $983,000 | 67 ft |
| 2015 GARFIELD AVE MINNEAPOLIS MN 55405 | R BIALON & & M BIALON | RESIDENTIAL-TWO UNIT | $470,400 | 106 ft |
| MN | Unknown | — | — | 145 ft |
| MN | Unknown | — | — | 145 ft |
| 2017 GARFIELD AVE MINNEAPOLIS MN 55405 | J A LINDE & J M BERNICK | RESIDENTIAL | $521,000 | 145 ft |
| MN | Unknown | — | — | 145 ft |
| 2002 GARFIELD AVE MINNEAPOLIS MN 55405 | 2002 LLC | APARTMENT | $2,001,000 | 162 ft |
| 501 FRANKLIN AVE W MINNEAPOLIS MN 55405 | EXCELSIOR PROPERTIES | APARTMENT | $3,336,000 | 172 ft |
| 514 FRANKLIN AVE W MINNEAPOLIS MN 55405 | SCHLINK FAMILY REVOCABLE TR | RESIDENTIAL | $589,800 | 175 ft |
Most Recent Sale
Current Tax Year