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.
5 permits on record since 2017 · $18K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Noah Acquistions LLC
Farr Plumbing and Heating LLC
GP CONSTRUCTION
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 1,412 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2504 HARRIET AVE MINNEAPOLIS MN 55405 | TIGER HOLDINGS LLC | RESIDENTIAL | $402,500 | 53 ft |
| 509 25TH ST W MINNEAPOLIS MN 55405 | N L STOER & M S GARR | RESIDENTIAL | $343,800 | 71 ft |
| 2508 HARRIET AVE MINNEAPOLIS MN 55405 | FRED D GLAZER | RESIDENTIAL | $321,900 | 101 ft |
| 511 25TH ST W MINNEAPOLIS MN 55405 | RACHEL G EVANS | RESIDENTIAL | $305,700 | 114 ft |
| 2456 HARRIET AVE MINNEAPOLIS MN 55405 | D W SCHROTH & L JEAN | RESIDENTIAL | $512,200 | 116 ft |
| 2501 HARRIET AVE MINNEAPOLIS MN 55405 | MARTHA FURR & AARON HARRIS | RESIDENTIAL | $390,500 | 147 ft |
| 2512 HARRIET AVE MINNEAPOLIS MN 55405 | RDA UPTOWN II LLC | RESIDENTIAL | $395,000 | 147 ft |
| 2505 HARRIET AVE MINNEAPOLIS MN 55405 | O SMITH-KOH AND N SMITH-KOH | RESIDENTIAL | $424,000 | 151 ft |
| 2446 HARRIET AVE MINNEAPOLIS MN 55405 | DOMINIQUE F BEREITER TRUST | RESIDENTIAL | $666,000 | 166 ft |
| 2505 GARFIELD AVE MINNEAPOLIS MN 55405 | BOSSCO LLC | TRIPLEX | $534,900 | 175 ft |
Most Recent Sale
Current Tax Year