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 ↗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 ↗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 2017 · $118K total declared value · Most recent: Jun 2025 (commercial minor)
Jayhawk Mechanical Inc
STINSON SERVICES INC
Jayhawk Mechanical Inc
GLACIER HOMES LLC
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
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 4,496 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2546 GARFIELD AVE MINNEAPOLIS MN 55405 | JACKSON RACKLIFFE | TRIPLEX | $414,100 | 55 ft |
| 610 26TH ST W MINNEAPOLIS MN 55405 | THIRTEENTH FLOOR LLC | RESIDENTIAL-TWO UNIT | $316,900 | 91 ft |
| 2542 GARFIELD AVE MINNEAPOLIS MN 55405 | JESSE JONES | RESIDENTIAL-TWO UNIT | $344,800 | 95 ft |
| 2538 GARFIELD AVE MINNEAPOLIS MN 55405 | R L WELLS & JUDYANN G WELLS | RESIDENTIAL-TWO UNIT | $431,900 | 135 ft |
| 2547 LYNDALE AVE S MINNEAPOLIS MN 55405 | BULLDOG INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $945,300 | 141 ft |
| 2551 LYNDALE AVE S MINNEAPOLIS MN 55405 | THIRTEENTH FLOOR LLC | COMMERCIAL-PREFERRED | $700,000 | 150 ft |
| 2555 LYNDALE AVE S MINNEAPOLIS MN 55405 | DA CAPO GROUP LLC | RESIDENTIAL | $617,000 | 151 ft |
| 2539 LYNDALE AVE S MINNEAPOLIS MN 55405 | BROBERG PROPERTIES III LLC | APARTMENT | $1,355,000 | 174 ft |
| 2534 GARFIELD AVE MINNEAPOLIS MN 55405 | PHILIP A SCHWARTZBERG | APARTMENT | $677,000 | 175 ft |
| 2545 GARFIELD AVE MINNEAPOLIS MN 55405 | MODESTO DUO PROPERTIES LLC | APARTMENT | $2,500,000 | 186 ft |
Most Recent Sale
Current Tax Year