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.
3 permits on record since 2025 · Most recent: Dec 2025 (existres)
Home Energy Center Inc
Farr Plumbing and Heating LLC
Home Energy Center 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 2,863 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3023 RUSSELL AVE N MINNEAPOLIS MN 55411 | THE PURPOSE CHURCH | RESIDENTIAL | $145,700 | 42 ft |
| 3015 RUSSELL AVE N MINNEAPOLIS MN 55411 | KATHY ANN MORALES | RESIDENTIAL | $169,200 | 42 ft |
| 3027 RUSSELL AVE N MINNEAPOLIS MN 55411 | M S ROSQUIST & E O ROSQUIST | RESIDENTIAL | $222,300 | 85 ft |
| 3011 RUSSELL AVE N MINNEAPOLIS MN 55411 | COMMUNITY BAPTIST CHURCH | COMMERCIAL-PREFERRED | $0 | 125 ft |
| 3103 RUSSELL AVE N MINNEAPOLIS MN 55411 | BEE LEE | RESIDENTIAL | $378,000 | 127 ft |
| 3018 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JANA SAMBELASHVILI | RESIDENTIAL | $174,400 | 142 ft |
| 3014 SHERIDAN AVE N MINNEAPOLIS MN 55411 | TIMOTHY SMITH & ALEX SMITH | RESIDENTIAL | $355,000 | 148 ft |
| 3022 SHERIDAN AVE N MINNEAPOLIS MN 55411 | RRW HOMES LLC | RESIDENTIAL | $215,800 | 149 ft |
| 3026 SHERIDAN AVE N MINNEAPOLIS MN 55411 | SHUNIEVERIE MICHELLE EVANS | RESIDENTIAL | $219,000 | 166 ft |
| 3107 RUSSELL AVE N MINNEAPOLIS MN 55411 | DARNISHA RILEY/WENDY SUMPTER | RESIDENTIAL | $323,000 | 169 ft |
Most Recent Sale
Current Tax Year