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 2024 · $63K total declared value · Most recent: Oct 2024 (remodel)
METRO BUILDING RESTORATION
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 4,173 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 209 27TH ST E MINNEAPOLIS MN 55408 | YALE 205 27TH ST E LLC | VACANT LAND-APARTMENT | $104,500 | 47 ft |
| 201 27TH ST E MINNEAPOLIS MN 55408 | YALE 201 27TH ST E LLC | APARTMENT | $1,294,000 | 54 ft |
| 2700 3RD AVE S MINNEAPOLIS MN 55408 | CBP PROPERTIES LLC | APARTMENT | $3,008,000 | 133 ft |
| 2713 2ND AVE S MINNEAPOLIS MN 55408 | CASTLEGAR PROPERTIES LLC | APARTMENT | $2,062,000 | 143 ft |
| 143 27TH ST E MINNEAPOLIS MN 55408 | BROOKE D ERICKSON | RESIDENTIAL | $266,100 | 167 ft |
| 202 27TH ST E MINNEAPOLIS MN 55408 | NORTH STAR PARTNERS LLC | RESIDENTIAL-TWO UNIT | $344,500 | 175 ft |
| 206 27TH ST E MINNEAPOLIS MN 55408 | 2100 GRAND AVE S LLC | RESIDENTIAL-TWO UNIT | $371,700 | 177 ft |
| 200 27TH ST E MINNEAPOLIS MN 55408 | 2100 GRAND AVE S LLC | RESIDENTIAL-TWO UNIT | $329,900 | 184 ft |
| 212 27TH ST E MINNEAPOLIS MN 55408 | JESSE JAMES JOHNSON | RESIDENTIAL | $284,100 | 198 ft |
| 2704 2ND AVE S MINNEAPOLIS MN 55408 | DAVID S MEANS/MARY C GARVIE | RESIDENTIAL | $364,000 | 204 ft |
Most Recent Sale
Current Tax Year