ParcelLens
Property Intelligence · Twin Cities
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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.
6 permits on record since 2023 · $12K total declared value · Most recent: Apr 2025 (existres)
Mike's Custom Mechanical Inc
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 3,994 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2541 HARRIET AVE MINNEAPOLIS MN 55405 | ERIC P BRABANT | RESIDENTIAL-TWO UNIT | $424,700 | 55 ft |
| 2545 HARRIET AVE MINNEAPOLIS MN 55405 | 2545 HARRIET LLC | RESIDENTIAL-TWO UNIT | $560,500 | 98 ft |
| 412 26TH ST W MINNEAPOLIS MN 55405 | JOHN ANGELL | RESIDENTIAL-TWO UNIT | $366,300 | 104 ft |
| 406 26TH ST W MINNEAPOLIS MN 55405 | 26 & HARRIET LLC | RESIDENTIAL-TWO UNIT | $438,700 | 133 ft |
| 2538 GRAND AVE S MINNEAPOLIS MN 55405 | DONALD W WHITE | RESIDENTIAL | $334,400 | 136 ft |
| 2549 HARRIET AVE MINNEAPOLIS MN 55405 | MWH 17 LLC | APARTMENT | $550,000 | 143 ft |
| 2532 GRAND AVE S MINNEAPOLIS MN 55405 | MARGARET P BREIVIK | RESIDENTIAL | $364,100 | 145 ft |
| 2525 HARRIET AVE MINNEAPOLIS MN 55405 | 2525 HARRIET LLC | APARTMENT | $5,684,000 | 162 ft |
| 2542 GRAND AVE S MINNEAPOLIS MN 55405 | JEFFREY W REISER | VACANT LAND-RESIDENTIAL | $123,000 | 169 ft |
| 2528 GRAND AVE S MINNEAPOLIS MN 55405 | M E KOTILA/K P KOTILA REV TR | RESIDENTIAL | $389,500 | 170 ft |
Most Recent Sale
Current Tax Year