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 2023 · $63K total declared value · Most recent: Oct 2024 (remodel)
METRO BUILDING RESTORATION
CenterPoint Energy Resource Corp
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 3,797 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 205 27TH ST E MINNEAPOLIS MN 55408 | YALE 205 27TH ST E LLC | APARTMENT | $1,331,000 | 54 ft |
| 209 27TH ST E MINNEAPOLIS MN 55408 | YALE 205 27TH ST E LLC | VACANT LAND-APARTMENT | $104,500 | 101 ft |
| 143 27TH ST E MINNEAPOLIS MN 55408 | BROOKE D ERICKSON | RESIDENTIAL | $266,100 | 116 ft |
| 2713 2ND AVE S MINNEAPOLIS MN 55408 | CASTLEGAR PROPERTIES LLC | APARTMENT | $2,062,000 | 146 ft |
| 2704 2ND AVE S MINNEAPOLIS MN 55408 | DAVID S MEANS/MARY C GARVIE | RESIDENTIAL | $364,000 | 150 ft |
| 139 27TH ST E MINNEAPOLIS MN 55408 | A V MARTINKA & B J SCHORSCH | RESIDENTIAL | $297,000 | 157 ft |
| 2708 2ND AVE S MINNEAPOLIS MN 55408 | TODD E LANIS | RESIDENTIAL | $322,000 | 157 ft |
| 200 27TH ST E MINNEAPOLIS MN 55408 | 2100 GRAND AVE S LLC | RESIDENTIAL-TWO UNIT | $329,900 | 175 ft |
| 2710 2ND AVE S MINNEAPOLIS MN 55408 | CHARLES D TEST | RESIDENTIAL | $441,800 | 177 ft |
| 202 27TH ST E MINNEAPOLIS MN 55408 | NORTH STAR PARTNERS LLC | RESIDENTIAL-TWO UNIT | $344,500 | 179 ft |
Most Recent Sale
Current Tax Year