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.
No permits found in Minneapolis open data for this parcel.
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 2,355 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2526 GARFIELD AVE MINNEAPOLIS MN 55405 | MWH 17 LLC | APARTMENT | $638,000 | 40 ft |
| 2534 GARFIELD AVE MINNEAPOLIS MN 55405 | PHILIP A SCHWARTZBERG | APARTMENT | $677,000 | 40 ft |
| 2520 GARFIELD AVE MINNEAPOLIS MN 55405 | RONALD J SPENST | RESIDENTIAL | $351,500 | 80 ft |
| 2538 GARFIELD AVE MINNEAPOLIS MN 55405 | R L WELLS & JUDYANN G WELLS | RESIDENTIAL-TWO UNIT | $431,900 | 80 ft |
| 2518 GARFIELD AVE MINNEAPOLIS MN 55405 | LEVI T SCHWARTZBERG | RESIDENTIAL | $388,600 | 120 ft |
| 2542 GARFIELD AVE MINNEAPOLIS MN 55405 | JESSE JONES | RESIDENTIAL-TWO UNIT | $344,800 | 120 ft |
| 2531 LYNDALE AVE S MINNEAPOLIS MN 55405 | CHRISTINE M TUHY | RESIDENTIAL-TWO UNIT | $379,300 | 131 ft |
| 2533 LYNDALE AVE S MINNEAPOLIS MN 55405 | HARI BATNAGAR ET AL | TRIPLEX | $396,900 | 136 ft |
| 2523 LYNDALE AVE S MINNEAPOLIS MN 55405 | PRESCOTT PARCELS LLC | APARTMENT | $519,000 | 148 ft |
| 2514 GARFIELD AVE MINNEAPOLIS MN 55405 | MARY GILL CAMPBELL | RESIDENTIAL | $393,700 | 160 ft |
Most Recent Sale
Current Tax Year