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 ↗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.
2 permits on record since 2020 · $6K total declared value · Most recent: Oct 2023 (res)
CenterPoint Energy Resource Corp
EQUITY DIRECT REALTY LLC
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 small multifamily (2–4 units, wood frame) benchmarks for 1,738 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2825 1ST AVE S MINNEAPOLIS MN 55408 | WILLIAM SCHOBERG ET AL | RESIDENTIAL-TWO UNIT | $273,800 | 30 ft |
| 2819 1ST AVE S MINNEAPOLIS MN 55408 | JACOB & ELIZABETH SCHUMACK | RESIDENTIAL | $244,600 | 30 ft |
| 2815 1ST AVE S MINNEAPOLIS MN 55408 | M R S AYABACA & J B LOJA | CONDOMINIUM | $83,000 | 67 ft |
| 2815 1ST AVE S MINNEAPOLIS MN 55408 | MARIA ROSARIO S AYABACA ETAL | CONDOMINIUM | $91,000 | 67 ft |
| MN | Unknown | — | — | 67 ft |
| 2811 1ST AVE S MINNEAPOLIS MN 55408 | JORGE V LALA LLIGUICOTA | RESIDENTIAL | $227,900 | 113 ft |
| 2816 STEVENS AVE MINNEAPOLIS MN 55408 | R REDDING & C R SMITH | TRIPLEX | $547,100 | 140 ft |
| 2822 STEVENS AVE MINNEAPOLIS MN 55408 | EVELYN SADLOWSKI | RESIDENTIAL-TWO UNIT | $361,900 | 140 ft |
| 2826 STEVENS AVE MINNEAPOLIS MN 55408 | SHAMSO MOHAMUD FARAH | RESIDENTIAL | $363,000 | 154 ft |
| 2812 STEVENS AVE MINNEAPOLIS MN 55408 | FABIOLA RODRIGUEZ | RESIDENTIAL | $315,600 | 155 ft |
Most Recent Sale
Current Tax Year