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.
No permits found in Minneapolis open data for this parcel.
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 1,703 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2620 1ST AVE S MINNEAPOLIS MN 55408 | P & N RAILSBACK | RESIDENTIAL | $363,000 | 44 ft |
| 2630 1ST AVE S MINNEAPOLIS MN 55408 | CHDC MORRISON LTD PTRSH | APARTMENT | $1,449,000 | 59 ft |
| 2614 1ST AVE S MINNEAPOLIS MN 55408 | 1ST AVE PARTNERSHIP | LAND-COMMERCIAL | $130,500 | 101 ft |
| 2636 1ST AVE S MINNEAPOLIS MN 55408 | CHDC MORRISON LTD PRTSH | APARTMENT | $805,000 | 134 ft |
| 2627 NICOLLET AVE MINNEAPOLIS MN 55408 | 2627 NICOLLET LLC | LAND-COMMERCIAL | $191,600 | 141 ft |
| 2621 NICOLLET AVE MINNEAPOLIS MN 55408 | E & J CHRIST | LAND-COMMERCIAL | $130,600 | 145 ft |
| 2612 1ST AVE S MINNEAPOLIS MN 55408 | 1ST AVE PARTNERSHIP | COMMERCIAL-PREFERRED | $450,000 | 158 ft |
| 2633 NICOLLET AVE MINNEAPOLIS MN 55408 | HIP SING CHINESE MERCHT ASSN | COMMERCIAL-PREFERRED | $590,000 | 166 ft |
| 2615 NICOLLET AVE MINNEAPOLIS MN 55408 | ERICH R CHRIST | LAND-COMMERCIAL | $130,700 | 171 ft |
| 2625 1ST AVE S MINNEAPOLIS MN 55408 | ELLIOTT HOMES LLC | APARTMENT | $959,000 | 186 ft |
Most Recent Sale
Current Tax Year