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.
No permits found in Minneapolis open data for this parcel.
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 3,466 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2803 1ST AVE S MINNEAPOLIS MN 55408 | ALBERTA ROSAS BLANCAS | RESIDENTIAL-TWO UNIT | $251,700 | 40 ft |
| 2811 1ST AVE S MINNEAPOLIS MN 55408 | JORGE V LALA LLIGUICOTA | RESIDENTIAL | $227,900 | 47 ft |
| 2801 1ST AVE S MINNEAPOLIS MN 55408 | BRIAN C CANFIELD | RESIDENTIAL | $149,000 | 70 ft |
| 2815 1ST AVE S MINNEAPOLIS MN 55408 | M R S AYABACA & J B LOJA | CONDOMINIUM | $83,000 | 93 ft |
| 2815 1ST AVE S MINNEAPOLIS MN 55408 | MARIA ROSARIO S AYABACA ETAL | CONDOMINIUM | $91,000 | 93 ft |
| MN | Unknown | — | — | 93 ft |
| 2819 1ST AVE S MINNEAPOLIS MN 55408 | JACOB & ELIZABETH SCHUMACK | RESIDENTIAL | $244,600 | 130 ft |
| 2808 STEVENS AVE MINNEAPOLIS MN 55408 | 2808 STEVENS LLC | RESIDENTIAL-TWO UNIT | $255,400 | 139 ft |
| 2806 STEVENS AVE MINNEAPOLIS MN 55408 | ABDULRAHMAN AWAALE | RESIDENTIAL | $184,000 | 140 ft |
| 2810 STEVENS AVE MINNEAPOLIS MN 55408 | N K ARIEF & A BACHRAIN | RESIDENTIAL | $288,500 | 146 ft |
Most Recent Sale
Current Tax Year