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.
No permits found in Minneapolis open data for this parcel.
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 3,756 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2541 GARFIELD AVE MINNEAPOLIS MN 55405 | MODESTO DUO PROPERTIES LLC | APARTMENT | $536,000 | 48 ft |
| 2537 GARFIELD AVE MINNEAPOLIS MN 55405 | J A GORTON & A E GORTON | RESIDENTIAL | $539,000 | 94 ft |
| 2544 HARRIET AVE MINNEAPOLIS MN 55405 | LYNDALE AVENUE LLC | APARTMENT | $2,334,000 | 134 ft |
| 2533 GARFIELD AVE MINNEAPOLIS MN 55405 | DAWIT GETACHEW | RESIDENTIAL-TWO UNIT | $435,700 | 143 ft |
| 2540 HARRIET AVE MINNEAPOLIS MN 55405 | CASA DE HARRIET LLC | RESIDENTIAL-TWO UNIT | $480,300 | 143 ft |
| 2536 HARRIET AVE MINNEAPOLIS MN 55405 | J P SKUHINS & K A SKUJINA | RESIDENTIAL | $365,400 | 164 ft |
| 2601 GARFIELD AVE MINNEAPOLIS MN 55408 | IRVING PROPERTIES INC | APARTMENT | $2,201,000 | 173 ft |
| 2552 GARFIELD AVE MINNEAPOLIS MN 55405 | BOWERS OLSON INVESTMENTS LLC | APARTMENT | $2,536,000 | 186 ft |
| 2600 HARRIET AVE MINNEAPOLIS MN 55408 | KELLY K KOEHNEN TRUSTEE | RESIDENTIAL | $313,900 | 186 ft |
| 2529 GARFIELD AVE MINNEAPOLIS MN 55405 | PHILIP A SCHWARTZBERG | RESIDENTIAL | $569,000 | 191 ft |
Most Recent Sale
Current Tax Year