ParcelLens
Property Intelligence · Twin Cities
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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: Oct 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 4,091 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2624 1ST AVE S MINNEAPOLIS MN 55408 | PAUL F & NANCY L RAILSBACK | VACANT LAND-APARTMENT | $56,300 | 44 ft |
| 2614 1ST AVE S MINNEAPOLIS MN 55408 | 1ST AVE PARTNERSHIP | LAND-COMMERCIAL | $130,500 | 57 ft |
| 2630 1ST AVE S MINNEAPOLIS MN 55408 | CHDC MORRISON LTD PTRSH | APARTMENT | $1,449,000 | 103 ft |
| 2612 1ST AVE S MINNEAPOLIS MN 55408 | 1ST AVE PARTNERSHIP | COMMERCIAL-PREFERRED | $450,000 | 115 ft |
| 2621 NICOLLET AVE MINNEAPOLIS MN 55408 | E & J CHRIST | LAND-COMMERCIAL | $130,600 | 138 ft |
| 2615 NICOLLET AVE MINNEAPOLIS MN 55408 | ERICH R CHRIST | LAND-COMMERCIAL | $130,700 | 149 ft |
| 2627 NICOLLET AVE MINNEAPOLIS MN 55408 | 2627 NICOLLET LLC | LAND-COMMERCIAL | $191,600 | 155 ft |
| 2608 1ST AVE S MINNEAPOLIS MN 55408 | RHR PROPERTIES MANAGEMNT LLP | COMMERCIAL-PREFERRED | $603,000 | 163 ft |
| 2636 1ST AVE S MINNEAPOLIS MN 55408 | CHDC MORRISON LTD PRTSH | APARTMENT | $805,000 | 177 ft |
| 2609 NICOLLET AVE MINNEAPOLIS MN 55408 | ERICH R CHRIST | COMMERCIAL-PREFERRED | $637,000 | 179 ft |
Current Tax Year