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.
3 permits on record since 2017 · $1K total declared value · Most recent: Nov 2019 (commercial multi-family)
PBBS EQUIPMENT CORP
NICE NEAT PLUMBING LLC
CENTERPOINT ENERGY
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,972 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2807 STEVENS AVE MINNEAPOLIS MN 55408 | JOSEFINA PROPERTIES LLC | VACANT LAND-APARTMENT | $96,200 | 55 ft |
| 2809 STEVENS AVE MINNEAPOLIS MN 55408 | GROVELAND CREDIT CO | APARTMENT | $816,000 | 103 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | MPLS PARK & REC BOARD | LAND-COMMERCIAL | $0 | 142 ft |
| 2815 STEVENS AVE MINNEAPOLIS MN 55408 | JOSEFINA PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $392,800 | 170 ft |
| 2800 STEVENS AVE MINNEAPOLIS MN 55408 | 505 PROPERTIES LLC | APARTMENT | $588,000 | 187 ft |
| 2806 STEVENS AVE MINNEAPOLIS MN 55408 | ABDULRAHMAN AWAALE | RESIDENTIAL | $184,000 | 190 ft |
| 2808 STEVENS AVE MINNEAPOLIS MN 55408 | 2808 STEVENS LLC | RESIDENTIAL-TWO UNIT | $255,400 | 198 ft |
| 2810 STEVENS AVE MINNEAPOLIS MN 55408 | N K ARIEF & A BACHRAIN | RESIDENTIAL | $288,500 | 213 ft |
| 2744 STEVENS AVE MINNEAPOLIS MN 55408 | KAI BARBOZA | RESIDENTIAL-TWO UNIT | $426,800 | 229 ft |
| 2812 STEVENS AVE MINNEAPOLIS MN 55408 | FABIOLA RODRIGUEZ | RESIDENTIAL | $315,600 | 239 ft |
Current Tax Year