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.
2 permits on record since 2024 · $2K total declared value · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
Four Brothers Construction LLC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 4,159 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2911 THOMAS AVE N MINNEAPOLIS MN 55411 | C H SAMMOND & B H RHUDY | RESIDENTIAL | $257,000 | 60 ft |
| 2757 THOMAS AVE N MINNEAPOLIS MN 55411 | MARTIN GOMEZ ET AL | RESIDENTIAL | $284,300 | 124 ft |
| 2917 THOMAS AVE N MINNEAPOLIS MN 55411 | E MORALES & S MORALES | RESIDENTIAL-TWO UNIT | $392,300 | 130 ft |
| 2900 UPTON AVE N MINNEAPOLIS MN 55411 | JENNIFER MONIKA PHILLIPS | RESIDENTIAL | $203,100 | 142 ft |
| 2906 UPTON AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | — | $203,900 | 145 ft |
| 2910 UPTON AVE N MINNEAPOLIS MN 55411 | JAIME LEHMANN | RESIDENTIAL | $200,800 | 158 ft |
| 2914 UPTON AVE N MINNEAPOLIS MN 55411 | BREANNE SCHWINGHAMMER | RESIDENTIAL | $278,900 | 180 ft |
| 2900 THOMAS AVE N MINNEAPOLIS MN 55411 | B A RANKIN & T L RANKIN | RESIDENTIAL-TWO UNIT | $325,000 | 188 ft |
| 2906 THOMAS AVE N MINNEAPOLIS MN 55411 | MAI-LING MUI | RESIDENTIAL | $260,700 | 190 ft |
| 2923 THOMAS AVE N MINNEAPOLIS MN 55411 | DANIEL BRANN & LINDA J BRANN | RESIDENTIAL | $249,300 | 190 ft |
Most Recent Sale
Current Tax Year