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.
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 4,915 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2506 GRAND AVE S MINNEAPOLIS MN 55405 | C RAGSDALE & I P LUETSCHER | RESIDENTIAL | $452,200 | 59 ft |
| 2516 GRAND AVE S MINNEAPOLIS MN 55405 | 2510 GRAND LLC | APARTMENT | $965,000 | 62 ft |
| 2500 GRAND AVE S MINNEAPOLIS MN 55405 | EMILY SCHMITT/GRANT B NAGEL | RESIDENTIAL-TWO UNIT | $540,400 | 81 ft |
| 411 25TH ST W MINNEAPOLIS MN 55405 | B J STEINGOLD/R J STEINGOLD | RESIDENTIAL | $312,500 | 86 ft |
| 415 25TH ST W MINNEAPOLIS MN 55405 | WILD ROSE ACRES LLC | RESIDENTIAL | $360,200 | 112 ft |
| 2520 GRAND AVE S MINNEAPOLIS MN 55405 | 2510 GRAND LLC | APARTMENT | $118,600 | 115 ft |
| 2509 HARRIET AVE MINNEAPOLIS MN 55405 | A G LEBLANC & R HIMMELMAN | RESIDENTIAL | $619,300 | 135 ft |
| 2524 GRAND AVE S MINNEAPOLIS MN 55405 | ANTHONY MICHAEL RUGGIERO | RESIDENTIAL | $310,900 | 159 ft |
| 2505 HARRIET AVE MINNEAPOLIS MN 55405 | O SMITH-KOH AND N SMITH-KOH | RESIDENTIAL | $424,000 | 162 ft |
| 319 25TH ST W MINNEAPOLIS MN 55404 | E FLATS LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $920,000 | 174 ft |
Most Recent Sale
Current Tax Year