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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗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.
5 permits on record since 2004 · $145K total declared value · Most recent: Jan 2024 (res)
Water Heaters Now Inc
22nd Century Roofing
TRUNORTH SOLAR
Water Heaters Now Inc
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 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 3,040 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2812 STEVENS AVE MINNEAPOLIS MN 55408 | FABIOLA RODRIGUEZ | RESIDENTIAL | $315,600 | 45 ft |
| 2822 STEVENS AVE MINNEAPOLIS MN 55408 | EVELYN SADLOWSKI | RESIDENTIAL-TWO UNIT | $361,900 | 45 ft |
| 2810 STEVENS AVE MINNEAPOLIS MN 55408 | N K ARIEF & A BACHRAIN | RESIDENTIAL | $288,500 | 90 ft |
| 2826 STEVENS AVE MINNEAPOLIS MN 55408 | SHAMSO MOHAMUD FARAH | RESIDENTIAL | $363,000 | 93 ft |
| 2808 STEVENS AVE MINNEAPOLIS MN 55408 | 2808 STEVENS LLC | RESIDENTIAL-TWO UNIT | $255,400 | 127 ft |
| 2819 1ST AVE S MINNEAPOLIS MN 55408 | JACOB & ELIZABETH SCHUMACK | RESIDENTIAL | $244,600 | 139 ft |
| 2821 1ST AVE S MINNEAPOLIS MN 55408 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $276,200 | 140 ft |
| 2815 1ST AVE S MINNEAPOLIS MN 55408 | M R S AYABACA & J B LOJA | CONDOMINIUM | $83,000 | 145 ft |
| 2815 1ST AVE S MINNEAPOLIS MN 55408 | MARIA ROSARIO S AYABACA ETAL | CONDOMINIUM | $91,000 | 145 ft |
| MN | Unknown | — | — | 145 ft |
Most Recent Sale
Current Tax Year