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 2022 · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
Owens Companies 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 2,804 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3107 UPTON AVE N MINNEAPOLIS MN 55411 | M & M STAFFING LLC | LOW INCOME RENTAL | $237,800 | 42 ft |
| 3023 UPTON AVE N MINNEAPOLIS MN 55411 | ANGEL B NACIPUCHA | RESIDENTIAL | $241,200 | 42 ft |
| 3019 UPTON AVE N MINNEAPOLIS MN 55411 | CCF2 MN LLC | RESIDENTIAL | $142,000 | 84 ft |
| 3111 UPTON AVE N MINNEAPOLIS MN 55411 | L P ROMERO/R E HUANGA REYES | RESIDENTIAL | $228,200 | 105 ft |
| 3015 UPTON AVE N MINNEAPOLIS MN 55411 | ZACHARY HALONEN | RESIDENTIAL | $179,200 | 126 ft |
| 3102 VINCENT AVE N MINNEAPOLIS MN 55411 | SANGWIN LLC | RESIDENTIAL-TWO UNIT | $275,900 | 144 ft |
| 3022 VINCENT AVE N MINNEAPOLIS MN 55411 | LAMIA K KHAZMA | RESIDENTIAL | $142,000 | 146 ft |
| 3018 VINCENT AVE N MINNEAPOLIS MN 55411 | A ODENTHAL & J LARSON | RESIDENTIAL | $157,500 | 164 ft |
| 3106 VINCENT AVE N MINNEAPOLIS MN 55411 | KATHERINE TOOMAJIAN | RESIDENTIAL | $120,000 | 165 ft |
| 3115 UPTON AVE N MINNEAPOLIS MN 55411 | ROBERT M ANDERSON TRUSTEE | RESIDENTIAL | $167,100 | 168 ft |
Most Recent Sale
Current Tax Year