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.
1 permit on record since 2024 · $29K total declared value · Most recent: May 2024 (misc)
ERC Construction Inc
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 3,626 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2528 HARRIET AVE MINNEAPOLIS MN 55405 | FRM4495 | APARTMENT | $627,000 | 48 ft |
| 2520 HARRIET AVE MINNEAPOLIS MN 55405 | SCOTT W HOLMQUIST | TRIPLEX | $564,300 | 49 ft |
| 2516 HARRIET AVE MINNEAPOLIS MN 55405 | DANIEL J FRANKENFELD | TRIPLEX | $485,200 | 97 ft |
| 2532 HARRIET AVE MINNEAPOLIS MN 55405 | J L GEROUX III & N B GEROUX | RESIDENTIAL | $398,000 | 97 ft |
| 2525 GARFIELD AVE MINNEAPOLIS MN 55405 | Z BUTZ & H N BUTZ | RESIDENTIAL | $597,000 | 134 ft |
| 2529 GARFIELD AVE MINNEAPOLIS MN 55405 | PHILIP A SCHWARTZBERG | RESIDENTIAL | $569,000 | 143 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | PHILIP A MOLINE | CONDOMINIUM | $172,000 | 143 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | KELLY A KEIL | CONDOMINIUM | $206,000 | 143 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | JENNIFER L SEPPAMAKI | CONDOMINIUM | $206,000 | 143 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | M SHEPHARD & L J SHEPHARD | CONDOMINIUM | $208,000 | 143 ft |
Most Recent Sale
Current Tax Year