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 ↗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.
1 permit on record since 2019 · $8K total declared value · Most recent: Aug 2019 (commercial multi-family)
YALE MECHANICAL 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 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 4,266 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2621 1ST AVE S MINNEAPOLIS MN 55408 | ELIZABETH KNAPSTEIN | APARTMENT | $963,000 | 58 ft |
| 2633 1ST AVE S MINNEAPOLIS MN 55408 | CITY FLATS LTD PARTNERSHIP | LOW INCOME RENTAL | $1,104,000 | 74 ft |
| 2617 1ST AVE S MINNEAPOLIS MN 55408 | JAMES W RILEY | RESIDENTIAL | $173,000 | 101 ft |
| 2615 1ST AVE S MINNEAPOLIS MN 55408 | GIANCARLO L CASALE | RESIDENTIAL | $219,000 | 130 ft |
| 2637 1ST AVE S MINNEAPOLIS MN 55408 | 2637 1ST AVE S LLC | APARTMENT | $668,000 | 133 ft |
| 2626 STEVENS AVE MINNEAPOLIS MN 55408 | J FREIMUTH & W FREIMUTH | RESIDENTIAL | $254,000 | 139 ft |
| 2628 STEVENS AVE MINNEAPOLIS MN 55408 | JM REAL ESTATE INVESTMNT LLC | RESIDENTIAL | $131,100 | 139 ft |
| 2632 STEVENS AVE MINNEAPOLIS MN 55408 | E S LOPEZ & E D SILVAN | RESIDENTIAL | $253,500 | 150 ft |
| 2620 STEVENS AVE MINNEAPOLIS MN 55408 | BRUCE A LUNDEEN | RESIDENTIAL-TWO UNIT | $282,000 | 150 ft |
| 2611 1ST AVE S MINNEAPOLIS MN 55408 | RED VENTURES LLC | COMMERCIAL-PREFERRED | $685,000 | 173 ft |
Most Recent Sale
Current Tax Year