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 ↗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
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 3,627 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2517 GARFIELD AVE MINNEAPOLIS MN 55405 | BARBARA J ELG LIVING TRUST | RESIDENTIAL | $466,800 | 49 ft |
| 2509 GARFIELD AVE MINNEAPOLIS MN 55405 | DHAWAL RAWAL | APARTMENT | $570,000 | 49 ft |
| 2505 GARFIELD AVE MINNEAPOLIS MN 55405 | BOSSCO LLC | TRIPLEX | $534,900 | 95 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | PHILIP A MOLINE | CONDOMINIUM | $172,000 | 97 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | KELLY A KEIL | CONDOMINIUM | $206,000 | 97 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | JENNIFER L SEPPAMAKI | CONDOMINIUM | $206,000 | 97 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | M SHEPHARD & L J SHEPHARD | CONDOMINIUM | $208,000 | 97 ft |
| 2521 GARFIELD AVE MINNEAPOLIS MN 55405 | A NYSTEDT & O YOUNG | CONDOMINIUM | $208,000 | 97 ft |
| MN | Unknown | — | — | 97 ft |
| 2512 HARRIET AVE MINNEAPOLIS MN 55405 | RDA UPTOWN II LLC | RESIDENTIAL | $395,000 | 134 ft |
Most Recent Sale
Current Tax Year