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.
1 permit on record since 2025 · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
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 4,403 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2931 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JOHN OCONNOR III | RESIDENTIAL | $182,800 | 50 ft |
| 2919 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KATHLEEN M PAIGE | RESIDENTIAL | $187,000 | 60 ft |
| 2935 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $226,000 | 90 ft |
| 2915 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 110 ft |
| 2939 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DEVONE BOLDING | RESIDENTIAL | $244,000 | 130 ft |
| 2926 THOMAS AVE N MINNEAPOLIS MN 55411 | WILHELMINA J MELTON | RESIDENTIAL | $197,500 | 142 ft |
| 2922 THOMAS AVE N MINNEAPOLIS MN 55411 | BEVERLY A JACKSON | RESIDENTIAL | $232,600 | 145 ft |
| 2911 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JACK B SUNDQUIST | RESIDENTIAL | $282,000 | 150 ft |
| 2930 THOMAS AVE N MINNEAPOLIS MN 55411 | LEOVIGILDO SAMUEL SANCHEZ | RESIDENTIAL | $240,500 | 151 ft |
| 2918 THOMAS AVE N MINNEAPOLIS MN 55411 | ARTURO ROJAS LOPEZ | RESIDENTIAL | $238,400 | 158 ft |
Most Recent Sale
Current Tax Year