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.
1 permit on record since 2021 · $48K total declared value · Most recent: Jul 2021 (roofwind)
BWE CONSTRUCTION CO
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
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 4,004 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2540 HARRIET AVE MINNEAPOLIS MN 55405 | CASA DE HARRIET LLC | RESIDENTIAL-TWO UNIT | $480,300 | 49 ft |
| 2536 HARRIET AVE MINNEAPOLIS MN 55405 | J P SKUHINS & K A SKUJINA | RESIDENTIAL | $365,400 | 93 ft |
| 2600 HARRIET AVE MINNEAPOLIS MN 55408 | KELLY K KOEHNEN TRUSTEE | RESIDENTIAL | $313,900 | 128 ft |
| 2545 GARFIELD AVE MINNEAPOLIS MN 55405 | MODESTO DUO PROPERTIES LLC | APARTMENT | $2,500,000 | 134 ft |
| 2532 HARRIET AVE MINNEAPOLIS MN 55405 | J L GEROUX III & N B GEROUX | RESIDENTIAL | $398,000 | 142 ft |
| 2541 GARFIELD AVE MINNEAPOLIS MN 55405 | MODESTO DUO PROPERTIES LLC | APARTMENT | $536,000 | 142 ft |
| 2537 GARFIELD AVE MINNEAPOLIS MN 55405 | J A GORTON & A E GORTON | RESIDENTIAL | $539,000 | 163 ft |
| 2549 HARRIET AVE MINNEAPOLIS MN 55405 | MWH 17 LLC | APARTMENT | $550,000 | 172 ft |
| 2545 HARRIET AVE MINNEAPOLIS MN 55405 | 2545 HARRIET LLC | RESIDENTIAL-TWO UNIT | $560,500 | 177 ft |
| 2528 HARRIET AVE MINNEAPOLIS MN 55405 | FRM4495 | APARTMENT | $627,000 | 190 ft |
Most Recent Sale
Current Tax Year