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.
5 permits on record since 2017 · $10K total declared value · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
MLA CONSTRUCTION LLC
CENTERPOINT ENERGY
Lauann Wright
Urban Pine Plumbing and Mechanical 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 2,642 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2938 UPTON AVE N MINNEAPOLIS MN 55411 | CURTIS G EVAVOLD | RESIDENTIAL | $296,700 | 40 ft |
| 2946 UPTON AVE N MINNEAPOLIS MN 55411 | NICOLE TABOR | RESIDENTIAL | $223,700 | 40 ft |
| 2934 UPTON AVE N MINNEAPOLIS MN 55411 | BEYOND CLOSNG/TITLE SVCS LLC | RESIDENTIAL | $213,900 | 80 ft |
| 2950 UPTON AVE N MINNEAPOLIS MN 55411 | A G MORENO & B L PSICK JR | RESIDENTIAL | $281,900 | 80 ft |
| 2930 UPTON AVE N MINNEAPOLIS MN 55411 | YER YANG | RESIDENTIAL | $216,200 | 120 ft |
| 2954 UPTON AVE N MINNEAPOLIS MN 55411 | SHARON L GUY | RESIDENTIAL | $203,800 | 120 ft |
| 2943 THOMAS AVE N MINNEAPOLIS MN 55411 | ANTHONY B JONES | RESIDENTIAL | $178,300 | 142 ft |
| 2947 THOMAS AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $185,700 | 147 ft |
| 2939 THOMAS AVE N MINNEAPOLIS MN 55411 | JAMES E ROHLEDER | RESIDENTIAL | $151,800 | 147 ft |
| 2958 UPTON AVE N MINNEAPOLIS MN 55411 | S BROWN & D EDWARDS-BROWN | RESIDENTIAL | $298,200 | 159 ft |
Most Recent Sale
Current Tax Year