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 2021 · $33K total declared value · Most recent: Apr 2026 (commercial minor)
Warners Stellian Co Inc
All Ways Drains Ltd
CenterPoint Energy Resource Corp
Blue Ox Heating and Air LLC
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 68
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 3,142 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2405 HARRIET AVE MINNEAPOLIS MN 55405 | M STEINRUECK & M KRUGER | RESIDENTIAL-TWO UNIT | $556,900 | 46 ft |
| 407 24TH ST W MINNEAPOLIS MN 55405 | KARA FANCY | RESIDENTIAL | $189,500 | 86 ft |
| 2409 HARRIET AVE MINNEAPOLIS MN 55405 | MATTHEW E NIELSEN | RESIDENTIAL-TWO UNIT | $417,000 | 92 ft |
| 405 24TH ST W MINNEAPOLIS MN 55405 | JAMES PAUL GALVAN | RESIDENTIAL | $264,800 | 124 ft |
| 424 24TH ST W MINNEAPOLIS MN 55405 | EAT STREET 2 APARTMENTS LLC | APARTMENT | $1,574,000 | 134 ft |
| 2415 HARRIET AVE MINNEAPOLIS MN 55405 | 2415 HARRIET LLC | APARTMENT | $670,000 | 139 ft |
| 2404 GRAND AVE S MINNEAPOLIS MN 55405 | JOHN FOSTER & SARAH WHITE | RESIDENTIAL | $504,400 | 142 ft |
| 2408 GRAND AVE S MINNEAPOLIS MN 55405 | PHANI R YAYAVARAM NARASIMHA | RESIDENTIAL | $478,300 | 163 ft |
| 2400 GRAND AVE S MINNEAPOLIS MN 55405 | EMMA L MOGENDORFF TRUST | RESIDENTIAL | $343,900 | 172 ft |
| 2324 GRAND AVE S MINNEAPOLIS MN 55405 | ELIZABETH R HOLMBERG | RESIDENTIAL-TWO UNIT | $481,100 | 178 ft |
Most Recent Sale
Current Tax Year