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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
7 permits on record since 2003 · $285K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 8,264 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2620 BLAISDELL AVE MINNEAPOLIS MN 55408 | BOLD INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $460,100 | 64 ft |
| 2624 BLAISDELL AVE MINNEAPOLIS MN 55408 | ABDISAAK OSMAN MOHAMUD | RESIDENTIAL-TWO UNIT | $470,700 | 109 ft |
| 2608 BLAISDELL AVE MINNEAPOLIS MN 55408 | CALVARY BAPTIST CHURCH | COMMERCIAL-PREFERRED | $0 | 110 ft |
| 2630 BLAISDELL AVE MINNEAPOLIS MN 55408 | AKY GROUP LLC | APARTMENT | $590,000 | 154 ft |
| 2619 PILLSBURY AVE MINNEAPOLIS MN 55408 | BRADLEY M SCHAEPPI | RESIDENTIAL | $286,800 | 193 ft |
| 2615 PILLSBURY AVE MINNEAPOLIS MN 55408 | MORRIS L LEWIS | APARTMENT | $600,000 | 194 ft |
| 2634 BLAISDELL AVE MINNEAPOLIS MN 55408 | CALVALEIGH C RASMUSSEN TRUST | APARTMENT | $1,344,000 | 199 ft |
| 2621 PILLSBURY AVE MINNEAPOLIS MN 55408 | C DAVID GEORGE | APARTMENT | $1,006,000 | 203 ft |
| 2609 PILLSBURY AVE MINNEAPOLIS MN 55408 | MORRIS L LEWIS | APARTMENT | $529,000 | 205 ft |
| 2625 PILLSBURY AVE MINNEAPOLIS MN 55408 | VASILENA HRISTOVA | CONDOMINIUM | $176,000 | 221 ft |
Most Recent Sale
Current Tax Year