ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2002 · $1.2M total declared value · Most recent: Aug 2002 (building re-inspection)
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 29,265 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2738 STEVENS AVE MINNEAPOLIS MN 55408 | WHITTIER JANKEN LLC | LOW INCOME RENTAL | $373,400 | 139 ft |
| 2732 STEVENS AVE MINNEAPOLIS MN 55408 | WHITTIER JANKEN LLC | LOW INCOME RENTAL | $385,000 | 140 ft |
| 2740 STEVENS AVE MINNEAPOLIS MN 55408 | F M FARAH & B N SHIRE | RESIDENTIAL-TWO UNIT | $319,900 | 152 ft |
| 2728 STEVENS AVE MINNEAPOLIS MN 55408 | NOAH DAVID ANDERSON | RESIDENTIAL | $314,000 | 154 ft |
| 2726 STEVENS AVE MINNEAPOLIS MN 55408 | LINDA HUYNH/HAI HONG NGUYEN | RESIDENTIAL | $272,000 | 175 ft |
| 2742 STEVENS AVE MINNEAPOLIS MN 55408 | KLEVER CASTILLO | RESIDENTIAL | $260,500 | 175 ft |
| 2728 1ST AVE S MINNEAPOLIS MN 55408 | SERENITY HOLDINGS LLC | VACANT LAND-RESIDENTIAL | $9,000 | 195 ft |
| 2740 1ST AVE S MINNEAPOLIS MN 55408 | SIMPSON R E HOLDING COMPANY | COMMERCIAL-PREFERRED | $0 | 198 ft |
| 2750 1ST AVE S MINNEAPOLIS MN 55408 | PPL SIMPSON HOUSING LLC | LOW INCOME RENTAL | $1,125,000 | 198 ft |
| MN | Unknown | — | — | 198 ft |
Current Tax Year