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.
2 permits on record since 2020 · $28K total declared value · Most recent: Jan 2021 (commercial multi-family)
Erickson Plumbing Heating Cooling Inc
DSS COMMERCIAL 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 7,498 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2733 GRAND AVE S MINNEAPOLIS MN 55408 | J R SCHWARTZ & P E CLARKE | RESIDENTIAL | $372,400 | 77 ft |
| 2746 PLEASANT AVE MINNEAPOLIS MN 55408 | SOUTHSIDE COMMUNITY L P | LOW INCOME RENTAL | $1,104,000 | 131 ft |
| 2727 GRAND AVE S MINNEAPOLIS MN 55408 | MATTHEW KESSLER | RESIDENTIAL | $367,600 | 135 ft |
| 2740 PLEASANT AVE MINNEAPOLIS MN 55408 | 2740 PLEASANT LLC | APARTMENT | $1,720,000 | 146 ft |
| 2801 GRAND AVE S MINNEAPOLIS MN 55408 | NORTHERN HOLDINGS LLC | RESIDENTIAL | $295,000 | 149 ft |
| 2725 GRAND AVE S MINNEAPOLIS MN 55408 | AMY A FITZGERALD | RESIDENTIAL | $261,000 | 180 ft |
| 309 28TH ST W MINNEAPOLIS MN 55408 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $235,400 | 180 ft |
| 2805 GRAND AVE S MINNEAPOLIS MN 55408 | CALEB NYQUIST | TRIPLEX | $393,800 | 189 ft |
| 404 28TH ST W MINNEAPOLIS MN 55408 | RENZ HOPPE & GINGER KELLY | TRIPLEX | $448,600 | 193 ft |
| 2734 GRAND AVE S MINNEAPOLIS MN 55408 | JASON T & JULIE A MILES | RESIDENTIAL | $415,000 | 193 ft |
Most Recent Sale
Current Tax Year