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 2006 · $175K total declared value · Most recent: Nov 2006 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,002 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2732 STEVENS AVE MINNEAPOLIS MN 55408 | WHITTIER JANKEN LLC | LOW INCOME RENTAL | $385,000 | 45 ft |
| 2740 STEVENS AVE MINNEAPOLIS MN 55408 | F M FARAH & B N SHIRE | RESIDENTIAL-TWO UNIT | $319,900 | 45 ft |
| 2728 STEVENS AVE MINNEAPOLIS MN 55408 | NOAH DAVID ANDERSON | RESIDENTIAL | $314,000 | 88 ft |
| 2742 STEVENS AVE MINNEAPOLIS MN 55408 | KLEVER CASTILLO | RESIDENTIAL | $260,500 | 89 ft |
| 2726 STEVENS AVE MINNEAPOLIS MN 55408 | LINDA HUYNH/HAI HONG NGUYEN | RESIDENTIAL | $272,000 | 127 ft |
| 2744 STEVENS AVE MINNEAPOLIS MN 55408 | KAI BARBOZA | RESIDENTIAL-TWO UNIT | $426,800 | 134 ft |
| 2727 1ST AVE S MINNEAPOLIS MN 55408 | VILLAGE INVEST LLC ET AL | APARTMENT | $4,022,000 | 139 ft |
| 2718 STEVENS AVE MINNEAPOLIS MN 55408 | CONF ASSN 7TH DAY ADVENTISTS | VACANT LAND-RESIDENTIAL | $0 | 170 ft |
| 2747 STEVENS AVE MINNEAPOLIS MN 55408 | EAT STREET FLAT LLC | APARTMENT | $4,804,000 | 187 ft |
| 2714 STEVENS AVE MINNEAPOLIS MN 55408 | WEW-STEVENS PROPERTIES IV | RESIDENTIAL-TWO UNIT | $320,800 | 220 ft |
Most Recent Sale
Current Tax Year