ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
4 permits on record since 2003 · $159K total declared value · Most recent: Feb 2025 (commfdrr)
Corporate Mechanical Inc
All Ways Drains Ltd
Warners Stellian Co Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 68
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 7,587 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2412 HARRIET AVE MINNEAPOLIS MN 55405 | MN HOUSING I LLC | CONDOMINIUM | $226,000 | 83 ft |
| 2412 HARRIET AVE MINNEAPOLIS MN 55405 | STACEY WHITE | CONDOMINIUM | $243,000 | 83 ft |
| 2412 HARRIET AVE MINNEAPOLIS MN 55405 | ANDREW BRADFORD COLTON | CONDOMINIUM | $233,000 | 83 ft |
| 2412 HARRIET AVE MINNEAPOLIS MN 55405 | IAN-MATHEW HORNBURG | CONDOMINIUM | $246,000 | 83 ft |
| MN | Unknown | — | — | 83 ft |
| 2416 HARRIET AVE MINNEAPOLIS MN 55405 | PETER T DAHDAH | RESIDENTIAL-TWO UNIT | $463,100 | 123 ft |
| 2401 GARFIELD AVE MINNEAPOLIS MN 55405 | BROBERG PROPERTIES III LLC | APARTMENT | $1,267,000 | 142 ft |
| 2420 HARRIET AVE MINNEAPOLIS MN 55405 | LUCAS OLSON & LAURA OLSON | RESIDENTIAL | $436,500 | 163 ft |
| 2324 HARRIET AVE MINNEAPOLIS MN 55405 | HARRIET CAPITAL LLC | APARTMENT | $670,000 | 167 ft |
| 506 24TH ST W MINNEAPOLIS MN 55405 | RENT INC | APARTMENT | $806,000 | 167 ft |
Most Recent Sale
Current Tax Year