ParcelLens
Property Intelligence · Twin Cities
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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 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 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 2,808 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3015 THOMAS AVE N MINNEAPOLIS MN 55411 | JOHN ZASTROW | RESIDENTIAL | $342,000 | 42 ft |
| 3007 THOMAS AVE N MINNEAPOLIS MN 55411 | ISAAC NGAFUA | RESIDENTIAL | $231,600 | 42 ft |
| 3001 THOMAS AVE N MINNEAPOLIS MN 55411 | QUOC-KHANH NGUYEN ET AL | RESIDENTIAL | $211,300 | 84 ft |
| 3019 THOMAS AVE N MINNEAPOLIS MN 55411 | MARIA C M ALEMAN | RESIDENTIAL | $199,600 | 91 ft |
| 3010 UPTON AVE N MINNEAPOLIS MN 55411 | LAWRENCE & S JACOBSON TRUST | LOW INCOME RENTAL | $164,600 | 142 ft |
| 3006 UPTON AVE N MINNEAPOLIS MN 55411 | DREA SANDERS | RESIDENTIAL | $166,300 | 147 ft |
| 3027 THOMAS AVE N MINNEAPOLIS MN 55411 | W H NELSON JR | RESIDENTIAL | $245,000 | 147 ft |
| 3014 UPTON AVE N MINNEAPOLIS MN 55411 | CHRISTINA ROTH/ADAM BOERUP | RESIDENTIAL | $206,200 | 148 ft |
| 3002 UPTON AVE N MINNEAPOLIS MN 55411 | I P ALONSO/D M R ORTIZ | RESIDENTIAL | $250,300 | 164 ft |
| 3018 UPTON AVE N MINNEAPOLIS MN 55411 | TRANQUIL HOLDINGS LLC | RESIDENTIAL | $163,200 | 165 ft |
Most Recent Sale
Current Tax Year