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.
8 permits on record since 2019 · $169K total declared value · Most recent: May 2024 (roofwind)
Four Brothers Construction LLC
WENZEL HEATING AND AIR CONDITIONING
WENZEL HEATING AND AIR CONDITIONING
CenterPoint Energy Resource Corp
AOS CONSTRUCTION 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 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 small multifamily (2–4 units, wood frame) benchmarks for 4,483 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2316 GARFIELD AVE MINNEAPOLIS MN 55405 | M W SWANSON & B J SWANSON | RESIDENTIAL-TWO UNIT | $425,800 | 55 ft |
| 2312 GARFIELD AVE MINNEAPOLIS MN 55405 | MARK W SWANSON & WIFE | RESIDENTIAL | $337,200 | 95 ft |
| 2400 GARFIELD AVE MINNEAPOLIS MN 55405 | RDA UPTOWN IV LLC | RESIDENTIAL | $228,500 | 121 ft |
| 2325 LYNDALE AVE S MINNEAPOLIS MN 55405 | CORNER 24 LLC | COMMERCIAL-PREFERRED | $752,000 | 132 ft |
| 2308 GARFIELD AVE MINNEAPOLIS MN 55405 | AREH 2308 GARFIELD LLC | APARTMENT | $1,250,000 | 155 ft |
| 2404 GARFIELD AVE MINNEAPOLIS MN 55405 | GARFIELD PROPERTY LLC | RESIDENTIAL-TWO UNIT | $413,400 | 161 ft |
| 2317 LYNDALE AVE S MINNEAPOLIS MN 55405 | CORNER 24 LLC | LAND-COMMERCIAL | $228,500 | 163 ft |
| 2401 LYNDALE AVE S MINNEAPOLIS MN 55405 | ROLLAND H ROSE ETAL TRUSTEES | APARTMENT | $994,000 | 178 ft |
| 2323 GARFIELD AVE MINNEAPOLIS MN 55405 | 2323 GARFIELD AVE S LLC | APARTMENT | $1,105,000 | 183 ft |
| 2317 GARFIELD AVE MINNEAPOLIS MN 55405 | MICHAEL G DAVEY/DIANE E PAUL | RESIDENTIAL-TWO UNIT | $410,800 | 191 ft |
Most Recent Sale
Current Tax Year