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 2025 · $65K total declared value · Most recent: Jul 2025 (roofwind)
Interstate Exteriors 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 1070
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 9,965 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2634 BLAISDELL AVE MINNEAPOLIS MN 55408 | CALVALEIGH C RASMUSSEN TRUST | APARTMENT | $1,344,000 | 67 ft |
| 104 27TH ST W MINNEAPOLIS MN 55408 | ROBERTO DEVET ET AL | RESIDENTIAL-TWO UNIT | $335,100 | 92 ft |
| 108 27TH ST W MINNEAPOLIS MN 55408 | THOMAS M JOHNSON | RESIDENTIAL-TWO UNIT | $335,000 | 93 ft |
| 100 27TH ST W MINNEAPOLIS MN 55408 | ARJUN KATARIA | RESIDENTIAL-TWO UNIT | $374,600 | 108 ft |
| 112 27TH ST W MINNEAPOLIS MN 55408 | THOMAS M JOHNSON | RESIDENTIAL-TWO UNIT | $353,600 | 110 ft |
| 2630 BLAISDELL AVE MINNEAPOLIS MN 55408 | AKY GROUP LLC | APARTMENT | $590,000 | 112 ft |
| 2624 BLAISDELL AVE MINNEAPOLIS MN 55408 | ABDISAAK OSMAN MOHAMUD | RESIDENTIAL-TWO UNIT | $470,700 | 157 ft |
| 116 27TH ST W MINNEAPOLIS MN 55408 | KEVIN G MILLER | RESIDENTIAL | $450,000 | 169 ft |
| 2641 PILLSBURY AVE MINNEAPOLIS MN 55408 | J ENGSTROM & E ENGSTROM | RESIDENTIAL-TWO UNIT | $321,100 | 184 ft |
| 2635 PILLSBURY AVE MINNEAPOLIS MN 55408 | ANDREA E SMITH | RESIDENTIAL-TWO UNIT | $418,600 | 186 ft |
Most Recent Sale
Current Tax Year