On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,659 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3115 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JESSE P ROSS JR | RESIDENTIAL | $420,000 | 53 ft |
| 3125 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MOKIDZ LLC | COMMERCIAL-PREFERRED | $359,000 | 63 ft |
| 3111 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JEANENNE HARGETT/T JARAMILLO | RESIDENTIAL | $122,300 | 95 ft |
| 3107 SHERIDAN AVE N MINNEAPOLIS MN 55411 | LYNETTE OGOTI | RESIDENTIAL | $160,100 | 138 ft |
| 3118 THOMAS AVE N MINNEAPOLIS MN 55411 | ERIKA L F FERNADEZ | RESIDENTIAL | $358,000 | 141 ft |
| 3122 THOMAS AVE N MINNEAPOLIS MN 55411 | NICOLLET PROPERTIES LLC | RESIDENTIAL | $158,200 | 145 ft |
| 3114 THOMAS AVE N MINNEAPOLIS MN 55411 | XUE VUE | RESIDENTIAL | $240,700 | 151 ft |
| 3126 THOMAS AVE N MINNEAPOLIS MN 55411 | CHERICIA D COLE | RESIDENTIAL | $296,000 | 159 ft |
| 3110 THOMAS AVE N MINNEAPOLIS MN 55411 | 2020 GONZALEZ/MARANDINO R TR | RESIDENTIAL | $162,100 | 170 ft |
| 3031 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PAMELA J KORMYLO | RESIDENTIAL | $109,000 | 179 ft |
Most Recent Sale
Current Tax Year