ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
3 permits on record since 2023 · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
Warners Stellian Co Inc
Admiral Radon & Mechanical Services 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 78.01
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 1,615 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2615 1ST AVE S MINNEAPOLIS MN 55408 | GIANCARLO L CASALE | RESIDENTIAL | $219,000 | 28 ft |
| 2621 1ST AVE S MINNEAPOLIS MN 55408 | ELIZABETH KNAPSTEIN | APARTMENT | $963,000 | 43 ft |
| 2611 1ST AVE S MINNEAPOLIS MN 55408 | RED VENTURES LLC | COMMERCIAL-PREFERRED | $685,000 | 72 ft |
| 2625 1ST AVE S MINNEAPOLIS MN 55408 | ELLIOTT HOMES LLC | APARTMENT | $959,000 | 101 ft |
| 2607 1ST AVE S MINNEAPOLIS MN 55408 | MELLING PROPERTIES LLC | RESIDENTIAL | $308,000 | 115 ft |
| 2605 1ST AVE S MINNEAPOLIS MN 55408 | MELLING PROPERTIES LLC | LAND-COMMERCIAL | $64,600 | 143 ft |
| 2620 STEVENS AVE MINNEAPOLIS MN 55408 | BRUCE A LUNDEEN | RESIDENTIAL-TWO UNIT | $282,000 | 145 ft |
| 2626 STEVENS AVE MINNEAPOLIS MN 55408 | J FREIMUTH & W FREIMUTH | RESIDENTIAL | $254,000 | 163 ft |
| 113 26TH ST E MINNEAPOLIS MN 55404 | MPLS COLLEGE OF ART & DESIGN | APARTMENT | $0 | 171 ft |
| 2633 1ST AVE S MINNEAPOLIS MN 55408 | CITY FLATS LTD PARTNERSHIP | LOW INCOME RENTAL | $1,104,000 | 175 ft |
Most Recent Sale
Current Tax Year