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 ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
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 3,082 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2647 GARFIELD AVE MINNEAPOLIS MN 55408 | 2647 GARFIELD LLC | APARTMENT | $1,278,000 | 45 ft |
| 2641 GARFIELD AVE MINNEAPOLIS MN 55408 | FIRST HOLDINGS LLC | APARTMENT | $1,793,000 | 67 ft |
| 510 27TH ST W MINNEAPOLIS MN 55408 | JEFFREY RYAN THOMSON | RESIDENTIAL | $350,700 | 103 ft |
| 2633 GARFIELD AVE MINNEAPOLIS MN 55408 | TRACEN VAIL | RESIDENTIAL-TWO UNIT | $361,100 | 135 ft |
| 2644 HARRIET AVE MINNEAPOLIS MN 55408 | R D CALHOUN & R N SAITO | TRIPLEX | $486,200 | 142 ft |
| 2640 HARRIET AVE MINNEAPOLIS MN 55408 | T E K TAN/R K FORGRAVE | RESIDENTIAL | $543,700 | 148 ft |
| 2648 HARRIET AVE MINNEAPOLIS MN 55408 | PATRICIA FITZGERALD ET AL | RESIDENTIAL | $596,700 | 165 ft |
| 2636 HARRIET AVE MINNEAPOLIS MN 55408 | J W M LEWIS & S D CARLSON | RESIDENTIAL | $446,000 | 167 ft |
| 519 27TH ST W MINNEAPOLIS MN 55408 | LARRY D SANDERSON | RESIDENTIAL | $301,400 | 170 ft |
| 515 27TH ST W MINNEAPOLIS MN 55408 | THOMAS RUFFENACH | RESIDENTIAL | $245,600 | 175 ft |
Most Recent Sale
Current Tax Year