Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
5 permits on record since 2019 · $191K total declared value · Most recent: Aug 2019 (remodel)
Holmlund Masonry Inc
Holmlund Masonry Inc
RITE-WAY WATERPROOFING
SR Mechanical Inc
A.E Conrad Company
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 9,890 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2434 BLAISDELL AVE MINNEAPOLIS MN 55404 | DERARTU USHA | APARTMENT | $873,000 | 69 ft |
| 2420 BLAISDELL AVE MINNEAPOLIS MN 55404 | JOHN AUDET & SARAH AUDET | RESIDENTIAL-TWO UNIT | $473,900 | 75 ft |
| 2440 BLAISDELL AVE MINNEAPOLIS MN 55404 | MICHAEL BRUNO/ELIZABETH ZACK | RESIDENTIAL-TWO UNIT | $594,400 | 119 ft |
| 2416 BLAISDELL AVE MINNEAPOLIS MN 55404 | 2416 BLAISDELL COMPANY | APARTMENT | $2,800,000 | 154 ft |
| 2444 BLAISDELL AVE MINNEAPOLIS MN 55404 | DHAWAN FAM QUAL SP TR ET AL | TRIPLEX | $690,200 | 169 ft |
| 2435 PILLSBURY AVE MINNEAPOLIS MN 55404 | 24TH PILLSBURY ASSOC LLC | APARTMENT | $4,055,000 | 187 ft |
| 2421 PILLSBURY AVE MINNEAPOLIS MN 55404 | 24TH PILLSBURY ASCTS LLC | APARTMENT | $2,643,000 | 198 ft |
| 2448 BLAISDELL AVE MINNEAPOLIS MN 55404 | MNELSON REVOCABLE TRUST | TRIPLEX | $701,400 | 221 ft |
| 2443 PILLSBURY AVE MINNEAPOLIS MN 55404 | ALAN L RUBEL REV TRUST | APARTMENT | $3,384,000 | 230 ft |
| 2417 PILLSBURY AVE MINNEAPOLIS MN 55404 | M L MADRID & J C MADRID | RESIDENTIAL | $728,000 | 232 ft |
Current Tax Year