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.
2 permits on record since 2020 · $22K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
AVALON CONSTRUCTION
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
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 3,527 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 15 27TH ST E MINNEAPOLIS MN 55408 | ANDREJ HALATYN | RESIDENTIAL-TWO UNIT | $245,300 | 37 ft |
| 13 27TH ST E MINNEAPOLIS MN 55408 | HEATHER T TRUONG | RESIDENTIAL | $174,500 | 64 ft |
| 2714 1ST AVE S MINNEAPOLIS MN 55408 | MURPHY WONG | APARTMENT | $348,000 | 99 ft |
| 11 27TH ST E MINNEAPOLIS MN 55408 | LUNG TRAN REVOC TRUST ET AL | RESIDENTIAL-TWO UNIT | $316,500 | 104 ft |
| 2701 1ST AVE S MINNEAPOLIS MN 55408 | MAYANK GUPTA/LAURA J DUNFORD | CONDOMINIUM | $269,000 | 114 ft |
| 2703 1ST AVE S MINNEAPOLIS MN 55408 | BREVAN PEAVEY | CONDOMINIUM | $284,000 | 114 ft |
| 2705 1ST AVE S MINNEAPOLIS MN 55408 | JIMMY H JI | CONDOMINIUM | $284,000 | 114 ft |
| 2707 1ST AVE S MINNEAPOLIS MN 55408 | JACQUELYN M BATEMAN | CONDOMINIUM | $292,000 | 114 ft |
| 2709 1ST AVE S MINNEAPOLIS MN 55408 | L L GROENEWEG & J GROENEWEG | CONDOMINIUM | $269,000 | 114 ft |
| 2711 1ST AVE S MINNEAPOLIS MN 55408 | GUSTAV WILHELM GLEITER | CONDOMINIUM | $274,000 | 114 ft |
Most Recent Sale
Current Tax Year