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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2023 · $8K total declared value · Most recent: Jun 2024 (roofwind)
Lifetime Builders
CenterPoint Energy Resource Corp
Action Construction Services
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Urban Neighborhood 2 — moderate-density 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 sfr / adu benchmarks for 1,136 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 506 24TH ST W MINNEAPOLIS MN 55405 | RENT INC | APARTMENT | $806,000 | 64 ft |
| 2316 HARRIET AVE MINNEAPOLIS MN 55405 | REBECCA BRANDT-FONTAINE | RESIDENTIAL-TWO UNIT | $368,900 | 65 ft |
| 2310 HARRIET AVE MINNEAPOLIS MN 55405 | 2600 PLEASANT LLC | APARTMENT | $2,234,000 | 110 ft |
| 424 24TH ST W MINNEAPOLIS MN 55405 | EAT STREET 2 APARTMENTS LLC | APARTMENT | $1,574,000 | 154 ft |
| 2400 HARRIET AVE MINNEAPOLIS MN 55405 | MN BROWNSTONES LLC | APARTMENT | $4,461,000 | 167 ft |
| 2304 HARRIET AVE MINNEAPOLIS MN 55405 | 2304 HARRIET LLC | APARTMENT | $1,955,000 | 169 ft |
| 2317 HARRIET AVE MINNEAPOLIS MN 55405 | ROBERT J MARESH | RESIDENTIAL-TWO UNIT | $402,900 | 171 ft |
| 2323 GARFIELD AVE MINNEAPOLIS MN 55405 | 2323 GARFIELD AVE S LLC | APARTMENT | $1,105,000 | 174 ft |
| 2317 GARFIELD AVE MINNEAPOLIS MN 55405 | MICHAEL G DAVEY/DIANE E PAUL | RESIDENTIAL-TWO UNIT | $410,800 | 183 ft |
| 2313 HARRIET AVE MINNEAPOLIS MN 55405 | HASEEB M MALIK | RESIDENTIAL-TWO UNIT | $440,700 | 193 ft |
Most Recent Sale
Current Tax Year