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.
2 permits on record since 2021 · $11K total declared value · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
CG LEGVOLD CONSTRUCTION INC
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 2,642 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2900 THOMAS AVE N MINNEAPOLIS MN 55411 | B A RANKIN & T L RANKIN | RESIDENTIAL-TWO UNIT | $325,000 | 40 ft |
| 2910 THOMAS AVE N MINNEAPOLIS MN 55411 | BRIANNA CRUSAN | RESIDENTIAL | $204,200 | 40 ft |
| 2914 THOMAS AVE N MINNEAPOLIS MN 55411 | MEGAN MARIE CLOSE | RESIDENTIAL | $271,900 | 80 ft |
| 2918 THOMAS AVE N MINNEAPOLIS MN 55411 | ARTURO ROJAS LOPEZ | RESIDENTIAL | $238,400 | 120 ft |
| 2758 THOMAS AVE N MINNEAPOLIS MN 55411 | DAWNTAYA PETTIGREW | RESIDENTIAL | $128,600 | 139 ft |
| 2905 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KATHERINE DAHL | RESIDENTIAL | $270,900 | 142 ft |
| 2911 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JACK B SUNDQUIST | RESIDENTIAL | $282,000 | 147 ft |
| 2901 SHERIDAN AVE N MINNEAPOLIS MN 55411 | EMILY A BOYCE | RESIDENTIAL | $218,700 | 147 ft |
| 2922 THOMAS AVE N MINNEAPOLIS MN 55411 | BEVERLY A JACKSON | RESIDENTIAL | $232,600 | 160 ft |
| 2915 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 162 ft |
Most Recent Sale
Current Tax Year