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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2019 · $9K total declared value · Most recent: Jun 2025 (res)
CenterPoint Energy Resource Corp
Options Exteriors
Linn Star Transfer Inc
PELLA NORTHLAND
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 2,653 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3031 QUEEN AVE N MINNEAPOLIS MN 55411 | C H SAMMOND & B H RHUDY | RESIDENTIAL | $236,100 | 40 ft |
| 3023 QUEEN AVE N MINNEAPOLIS MN 55411 | JOSE CASTILLO | RESIDENTIAL-TWO UNIT | $256,200 | 40 ft |
| 3101 QUEEN AVE N MINNEAPOLIS MN 55411 | ANGELINA COURTNEY | RESIDENTIAL-TWO UNIT | $254,200 | 80 ft |
| 3019 QUEEN AVE N MINNEAPOLIS MN 55411 | KAYING VANG & PAOLEE VANG | RESIDENTIAL | $198,000 | 80 ft |
| 3107 QUEEN AVE N MINNEAPOLIS MN 55411 | SHERONDA ORRIDGE | RESIDENTIAL | $217,800 | 120 ft |
| 3015 QUEEN AVE N MINNEAPOLIS MN 55411 | ELEANOR JANE ERICSON | RESIDENTIAL | $237,500 | 120 ft |
| 3026 RUSSELL AVE N MINNEAPOLIS MN 55411 | TRIO INVESTMENTS LLC | RESIDENTIAL | $93,000 | 142 ft |
| 3022 RUSSELL AVE N MINNEAPOLIS MN 55411 | 3022 RUSSELL LLC | RESIDENTIAL | $125,900 | 148 ft |
| 3030 RUSSELL AVE N MINNEAPOLIS MN 55411 | EDELTRAUD ADAMS | RESIDENTIAL | $203,800 | 148 ft |
| 3111 QUEEN AVE N MINNEAPOLIS MN 55411 | TYLER SCHREIFELS | RESIDENTIAL | $143,200 | 160 ft |
Most Recent Sale
Current Tax Year