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.
4 permits on record since 2017 · $23K total declared value · Most recent: Dec 2024 (commercial minor)
Metro Heating & Cooling LLC
PINNACLE ROOFING SYSTEMS
Linn Star Transfer Inc
Linn Star Transfer 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 3,336 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2617 2ND AVE S MINNEAPOLIS MN 55408 | 2617 2ND AVENUE LLC | RESIDENTIAL-TWO UNIT | $325,500 | 48 ft |
| 2625 2ND AVE S MINNEAPOLIS MN 55408 | L W WOODLAND & W A BAKER III | RESIDENTIAL-TWO UNIT | $338,100 | 48 ft |
| 2613 2ND AVE S MINNEAPOLIS MN 55408 | WEW-STEVENS PROPERTIES I LLC | RESIDENTIAL-TWO UNIT | $364,100 | 96 ft |
| 2629 2ND AVE S MINNEAPOLIS MN 55408 | H L DAVIS IV & K DAVIS | RESIDENTIAL | $378,300 | 96 ft |
| 2620 3RD AVE S MINNEAPOLIS MN 55408 | WOLFPACK CAPITL INVSTMTS LLC | APARTMENT | $641,000 | 141 ft |
| 2607 2ND AVE S MINNEAPOLIS MN 55408 | SOUTH SECOND LLC | APARTMENT | $1,799,700 | 143 ft |
| 2633 2ND AVE S MINNEAPOLIS MN 55408 | INA HAUGEN | RESIDENTIAL-TWO UNIT | $359,300 | 144 ft |
| 2616 3RD AVE S MINNEAPOLIS MN 55408 | E FLAT LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $1,012,000 | 144 ft |
| 2622 3RD AVE S MINNEAPOLIS MN 55408 | ESB3 LLC | APARTMENT | $595,000 | 157 ft |
| 2612 3RD AVE S MINNEAPOLIS MN 55408 | E FLAT LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $750,000 | 165 ft |
Most Recent Sale
Current Tax Year