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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
7 permits on record since 2016 · $18K total declared value · Most recent: Oct 2025 (misc)
Brian Posch
Versant Plumbing Co
4Front Energy Solutions Inc
CenterPoint Energy Resource Corp
Warners Stellian Co Inc
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 2,695 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2728 GARFIELD AVE MINNEAPOLIS MN 55408 | DAVID CLARENCE SASSE ET AL | RESIDENTIAL | $183,600 | 38 ft |
| 2720 GARFIELD AVE MINNEAPOLIS MN 55408 | TIM CONDON & EMILY MOOTHART | RESIDENTIAL | $330,300 | 42 ft |
| 2732 GARFIELD AVE MINNEAPOLIS MN 55408 | URBN PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $316,400 | 71 ft |
| 2718 GARFIELD AVE MINNEAPOLIS MN 55408 | A J KALSCHEUR/J J KALSCHEUR | RESIDENTIAL-TWO UNIT | $356,500 | 94 ft |
| 2734 GARFIELD AVE MINNEAPOLIS MN 55408 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $452,000 | 112 ft |
| 2727 LYNDALE AVE S MINNEAPOLIS MN 55408 | JULIUS DEROMA | COMMERCIAL-PREFERRED | $672,000 | 130 ft |
| 2723 LYNDALE AVE S MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | COMMERCIAL-PREFERRED | $245,200 | 136 ft |
| 2708 GARFIELD AVE MINNEAPOLIS MN 55408 | 2708 GARFIELD LLC | RESIDENTIAL-TWO UNIT | $544,300 | 158 ft |
| 2717 LYNDALE AVE S MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | COMMERCIAL-PREFERRED | $422,000 | 166 ft |
| 2743 LYNDALE AVE S MINNEAPOLIS MN 55408 | LYNDALE SALEM GREEN LTD PTSP | LOW INCOME RENTAL | $783,300 | 172 ft |
Most Recent Sale
Current Tax Year