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.
1 permit on record since 2023 · Most recent: Mar 2023 (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 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 2,807 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3115 THOMAS AVE N MINNEAPOLIS MN 55411 | FRONK REAL ESTATE LLC | RESIDENTIAL | $97,000 | 42 ft |
| 3107 THOMAS AVE N MINNEAPOLIS MN 55411 | KOU YANG | RESIDENTIAL | $304,000 | 42 ft |
| 3119 THOMAS AVE N MINNEAPOLIS MN 55411 | YER VANG & POR LEE | RESIDENTIAL | $265,200 | 84 ft |
| 3103 THOMAS AVE N MINNEAPOLIS MN 55411 | ROCIO RODIGUEZ-HERRERA | RESIDENTIAL | $165,100 | 91 ft |
| 3123 THOMAS AVE N MINNEAPOLIS MN 55411 | JACOB GRIFFIN | RESIDENTIAL | $288,100 | 126 ft |
| 3110 UPTON AVE N MINNEAPOLIS MN 55411 | JOSHUA DENNY | RESIDENTIAL | $235,000 | 141 ft |
| 3106 UPTON AVE N MINNEAPOLIS MN 55411 | GRANT MERRILL | RESIDENTIAL | $309,000 | 147 ft |
| 3027 THOMAS AVE N MINNEAPOLIS MN 55411 | W H NELSON JR | RESIDENTIAL | $245,000 | 147 ft |
| 3114 UPTON AVE N MINNEAPOLIS MN 55411 | MARK RISTOW | RESIDENTIAL | $138,700 | 148 ft |
| 3100 UPTON AVE N MINNEAPOLIS MN 55411 | RAILYN WILLIAMS | RESIDENTIAL | $205,300 | 164 ft |
Most Recent Sale
Current Tax Year