2508 HARRIET AVE MINNEAPOLIS MN 55405

PID: 3402924230114

Property Overview

Parcel ID3402924230114

Lot Size6,508 sq ft (0.149 ac)

Lot Dimensions (est.)134 ft wide × 48 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerFRED D GLAZER

Assessed Value$321,900

Land Value$159,000

Building Value$162,900

Annual Tax$5,082

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

LIHTC 30% Basis BoostMedium

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.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Whittier · Minneapolis

Median reported rent1,165/mo

Renter-occupied89.9%

Median home value$346K

Vacancy rate10.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1070

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth96 ft

Area~3,627 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,627 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2504 HARRIET AVE MINNEAPOLIS MN 55405	TIGER HOLDINGS LLC	RESIDENTIAL	$402,500	48 ft
2512 HARRIET AVE MINNEAPOLIS MN 55405	RDA UPTOWN II LLC	RESIDENTIAL	$395,000	48 ft
509 25TH ST W MINNEAPOLIS MN 55405	N L STOER & M S GARR	RESIDENTIAL	$343,800	96 ft
2516 HARRIET AVE MINNEAPOLIS MN 55405	DANIEL J FRANKENFELD	TRIPLEX	$485,200	97 ft
2500 HARRIET AVE MINNEAPOLIS MN 55405	RENEWED PROPERTIES LLC	APARTMENT	$436,000	101 ft
511 25TH ST W MINNEAPOLIS MN 55405	RACHEL G EVANS	RESIDENTIAL	$305,700	123 ft
2509 GARFIELD AVE MINNEAPOLIS MN 55405	DHAWAL RAWAL	APARTMENT	$570,000	134 ft
2513 GARFIELD AVE MINNEAPOLIS MN 55405	A S ZANIVAN & A ZANIVAN	RESIDENTIAL	$415,300	143 ft
2520 HARRIET AVE MINNEAPOLIS MN 55405	SCOTT W HOLMQUIST	TRIPLEX	$564,300	145 ft
2505 GARFIELD AVE MINNEAPOLIS MN 55405	BOSSCO LLC	TRIPLEX	$534,900	148 ft

Property History

Current Tax Year

Year2026

Tax Due$5,082