In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
4 permits on record since 2020 · $29K total declared value · Most recent: Nov 2024 (private)
Rick's Demolition & Concrete Removal
CenterPoint Energy Resource Corp
MUEFFELMAN CONSTRUCTION
Southtown Plumbing 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 1070
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
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 1,541 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2546 GRAND AVE S MINNEAPOLIS MN 55405 | 26TH AND GRAND LLC | RESIDENTIAL | $472,000 | 48 ft |
| 2538 GRAND AVE S MINNEAPOLIS MN 55405 | DONALD W WHITE | RESIDENTIAL | $334,400 | 55 ft |
| 406 26TH ST W MINNEAPOLIS MN 55405 | 26 & HARRIET LLC | RESIDENTIAL-TWO UNIT | $438,700 | 82 ft |
| 2548 GRAND AVE S MINNEAPOLIS MN 55405 | MCGINTCO LLC | RESIDENTIAL-TWO UNIT | $382,700 | 95 ft |
| 2532 GRAND AVE S MINNEAPOLIS MN 55405 | MARGARET P BREIVIK | RESIDENTIAL | $364,100 | 101 ft |
| 412 26TH ST W MINNEAPOLIS MN 55405 | JOHN ANGELL | RESIDENTIAL-TWO UNIT | $366,300 | 126 ft |
| 2528 GRAND AVE S MINNEAPOLIS MN 55405 | M E KOTILA/K P KOTILA REV TR | RESIDENTIAL | $389,500 | 149 ft |
| 2541 GRAND AVE S MINNEAPOLIS MN 55405 | GUNHA DANIEL KIM | RESIDENTIAL-TWO UNIT | $450,000 | 164 ft |
| 2537 HARRIET AVE MINNEAPOLIS MN 55405 | ERIC P BRABANT | TRIPLEX | $546,100 | 169 ft |
| 2545 GRAND AVE S MINNEAPOLIS MN 55405 | POSITIVE DEVELOPMENTS LLC | RESIDENTIAL-TWO UNIT | $402,000 | 171 ft |
Most Recent Sale
Current Tax Year