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.
5 permits on record since 2018 · $7K total declared value · Most recent: Jan 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Weld and Sons Plumbing Inc
H2 DEV 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 2,934 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2509 GARFIELD AVE MINNEAPOLIS MN 55405 | DHAWAL RAWAL | APARTMENT | $570,000 | 47 ft |
| 515 25TH ST W MINNEAPOLIS MN 55405 | DANIEL HANSEN | TRIPLEX | $648,600 | 52 ft |
| 511 25TH ST W MINNEAPOLIS MN 55405 | RACHEL G EVANS | RESIDENTIAL | $305,700 | 68 ft |
| 2513 GARFIELD AVE MINNEAPOLIS MN 55405 | A S ZANIVAN & A ZANIVAN | RESIDENTIAL | $415,300 | 95 ft |
| 509 25TH ST W MINNEAPOLIS MN 55405 | N L STOER & M S GARR | RESIDENTIAL | $343,800 | 104 ft |
| 2517 GARFIELD AVE MINNEAPOLIS MN 55405 | BARBARA J ELG LIVING TRUST | RESIDENTIAL | $466,800 | 143 ft |
| 2508 HARRIET AVE MINNEAPOLIS MN 55405 | FRED D GLAZER | RESIDENTIAL | $321,900 | 148 ft |
| 2504 HARRIET AVE MINNEAPOLIS MN 55405 | TIGER HOLDINGS LLC | RESIDENTIAL | $402,500 | 150 ft |
| 2457 GARFIELD AVE MINNEAPOLIS MN 55405 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 155 ft |
| 2512 HARRIET AVE MINNEAPOLIS MN 55405 | RDA UPTOWN II LLC | RESIDENTIAL | $395,000 | 169 ft |
Most Recent Sale
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