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 2026 · $400K total declared value · Most recent: Apr 2026 (new)
Lutz Construction Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2900 QUEEN AVE N MINNEAPOLIS MN 55411 | CHISOSBASIN PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $215,100 | 39 ft |
| 2910 QUEEN AVE N MINNEAPOLIS MN 55411 | DELORES S CALDWELL | RESIDENTIAL | $171,200 | 39 ft |
| 2914 QUEEN AVE N MINNEAPOLIS MN 55411 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $149,000 | 79 ft |
| 2918 QUEEN AVE N MINNEAPOLIS MN 55411 | LI X LEE & PAKOU LOR | RESIDENTIAL | $135,000 | 119 ft |
| 2907 PENN AVE N MINNEAPOLIS MN 55411 | MICHAEL HOEFELE-OAKS | RESIDENTIAL | $176,000 | 139 ft |
| 2219 29TH AVE N MINNEAPOLIS MN 55411 | NICHOLAS CAPITAL INC | RESIDENTIAL-TWO UNIT | $144,800 | 140 ft |
| 2756 QUEEN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | RESIDENTIAL | $0 | 144 ft |
| 2911 PENN AVE N MINNEAPOLIS MN 55411 | AGGATE R/E HOLDINGS LLC | VACANT LAND-APARTMENT | $35,700 | 145 ft |
| 2903 PENN AVE N MINNEAPOLIS MN 55411 | Z X CHANG & R CHANG | RESIDENTIAL | $325,000 | 145 ft |
| 2215 29TH AVE N MINNEAPOLIS MN 55411 | DOM INVESTMENTS LLC | RESIDENTIAL | $231,000 | 154 ft |
Most Recent Sale
Current Tax Year