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 ↗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 2023 · Most recent: Jan 2023 (res)
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
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 3,045 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2704 2ND AVE S MINNEAPOLIS MN 55408 | DAVID S MEANS/MARY C GARVIE | RESIDENTIAL | $364,000 | 45 ft |
| 2710 2ND AVE S MINNEAPOLIS MN 55408 | CHARLES D TEST | RESIDENTIAL | $441,800 | 47 ft |
| 139 27TH ST E MINNEAPOLIS MN 55408 | A V MARTINKA & B J SCHORSCH | RESIDENTIAL | $297,000 | 89 ft |
| 2716 2ND AVE S MINNEAPOLIS MN 55408 | ALEX ROHR | RESIDENTIAL-TWO UNIT | $336,900 | 97 ft |
| 135 27TH ST E MINNEAPOLIS MN 55408 | 1321 7TH STREET LLC | RESIDENTIAL | $118,800 | 99 ft |
| 143 27TH ST E MINNEAPOLIS MN 55408 | BROOKE D ERICKSON | RESIDENTIAL | $266,100 | 99 ft |
| 2709 STEVENS AVE MINNEAPOLIS MN 55408 | JOHN BAILEY III | APARTMENT | $495,000 | 140 ft |
| 2705 STEVENS AVE MINNEAPOLIS MN 55408 | BOLD INVESTMENT GROUP LLC | APARTMENT | $469,000 | 144 ft |
| 2720 2ND AVE S MINNEAPOLIS MN 55408 | URBAN HOMEWORKS INC | VACANT LAND-RESIDENTIAL | $97,000 | 147 ft |
| 2715 STEVENS AVE MINNEAPOLIS MN 55408 | DAVID T SCHAEFER | APARTMENT | $480,000 | 147 ft |
Most Recent Sale
Current Tax Year