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.
No permits found in Minneapolis open data for this parcel.
Whittier · 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 2,357 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2420 GARFIELD AVE MINNEAPOLIS MN 55405 | DANIEL J BROWN | RESIDENTIAL-TWO UNIT | $438,900 | 40 ft |
| 2428 GARFIELD AVE MINNEAPOLIS MN 55405 | DNEN 2428 LLC | APARTMENT | $484,000 | 40 ft |
| 2416 GARFIELD AVE MINNEAPOLIS MN 55405 | HEATHER TURNGREN | RESIDENTIAL-TWO UNIT | $404,100 | 80 ft |
| 2432 GARFIELD AVE MINNEAPOLIS MN 55405 | DANE J ROSSO | RESIDENTIAL | $285,400 | 80 ft |
| 2412 GARFIELD AVE MINNEAPOLIS MN 55405 | ROY KIBERENGE | RESIDENTIAL-TWO UNIT | $457,200 | 120 ft |
| 2436 GARFIELD AVE MINNEAPOLIS MN 55405 | B A EHRMAN-SOLBERG/J A MARKS | TRIPLEX | $492,300 | 120 ft |
| 2425 LYNDALE AVE S MINNEAPOLIS MN 55405 | KENNETH D KEACHER | RESIDENTIAL-TWO UNIT | $296,500 | 130 ft |
| 2429 LYNDALE AVE S MINNEAPOLIS MN 55405 | KENNETH D KEACHER | TRIPLEX | $690,000 | 136 ft |
| 2421 LYNDALE AVE S MINNEAPOLIS MN 55405 | LYNDALE 2421 LLC | RESIDENTIAL | $357,600 | 136 ft |
| 2433 LYNDALE AVE S MINNEAPOLIS MN 55405 | JAMES KLOMPS | APARTMENT | $670,000 | 153 ft |
Most Recent Sale
Current Tax Year