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 2023 · $20K total declared value · Most recent: Oct 2024 (res)
Northern's Benjamin Franklin Plumbing
Majestic Plumbing Inc
BUDGET CONSTRUCTION LLC
BUDGET 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
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 2,623 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2947 UPTON AVE N MINNEAPOLIS MN 55411 | JOSEPH BARROW II | RESIDENTIAL | $234,000 | 40 ft |
| 2939 UPTON AVE N MINNEAPOLIS MN 55411 | ANTONIO K WASHINGTON | RESIDENTIAL | $295,000 | 40 ft |
| 2951 UPTON AVE N MINNEAPOLIS MN 55411 | WENDY WIER-CONNELLY | RESIDENTIAL | $253,600 | 80 ft |
| 2935 UPTON AVE N MINNEAPOLIS MN 55411 | LINDA MARIE BROWN | RESIDENTIAL | $232,800 | 80 ft |
| 2955 UPTON AVE N MINNEAPOLIS MN 55411 | A WINTER & E S WINTER | RESIDENTIAL | $196,100 | 120 ft |
| 2931 UPTON AVE N MINNEAPOLIS MN 55411 | P D & E D SIPERT | RESIDENTIAL | $224,500 | 120 ft |
| 2942 VINCENT AVE N MINNEAPOLIS MN 55411 | WILHELMINA LOVE | RESIDENTIAL | $200,600 | 141 ft |
| 2940 VINCENT AVE N MINNEAPOLIS MN 55411 | BEN NEVIS LLC | LOW INCOME RENTAL | $299,900 | 146 ft |
| 2946 VINCENT AVE N MINNEAPOLIS MN 55411 | GINA ALLEN | RESIDENTIAL | $279,500 | 146 ft |
| 2734 WEST BROADWAY MINNEAPOLIS MN 55411 | ALEX MATTHEW WITTAKER | RESIDENTIAL-TWO UNIT | $253,000 | 156 ft |
Most Recent Sale
Current Tax Year