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 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.
4 permits on record since 2018 · $230K total declared value · Most recent: Sep 2019 (newres)
Binder Heating and Air Conditioning Inc
Binder Heating and Air Conditioning Inc
Jim Murr Plumbing Inc
URBAN HOMEWORKS
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1013
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 2,638 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2934 SHERIDAN AVE N MINNEAPOLIS MN 55411 | J BESTLAND & R NIELSEN | RESIDENTIAL | $152,200 | 40 ft |
| 2942 SHERIDAN AVE N MINNEAPOLIS MN 55411 | Z AND N HOMES LLC | RESIDENTIAL | $244,000 | 40 ft |
| 2930 SHERIDAN AVE N MINNEAPOLIS MN 55411 | HADI T HUSSEIN | RESIDENTIAL | $101,000 | 80 ft |
| 2946 SHERIDAN AVE N MINNEAPOLIS MN 55411 | R & D SCOTT | RESIDENTIAL | $213,900 | 80 ft |
| 2926 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JONATHAN WINTER/MARY WINTER | RESIDENTIAL | $325,000 | 120 ft |
| 2950 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CHRISTOPHER O LYNCH TRUSTEE | RESIDENTIAL-TWO UNIT | $166,300 | 120 ft |
| 2939 RUSSELL AVE N MINNEAPOLIS MN 55411 | CAG MINNESOTA FUND I LLC | RESIDENTIAL | $185,900 | 142 ft |
| 2943 RUSSELL AVE N MINNEAPOLIS MN 55411 | J K CORTES OSORNO ET AL | RESIDENTIAL | $232,200 | 147 ft |
| 2935 RUSSELL AVE N MINNEAPOLIS MN 55411 | FELICITAS POPOCA | RESIDENTIAL | $176,100 | 148 ft |
| 2922 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JOSEPH CLARK JR | RESIDENTIAL | $125,600 | 160 ft |
Most Recent Sale
Current Tax Year