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 ↗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.
6 permits on record since 2023 · $414K total declared value · Most recent: Apr 2026 (res)
Home Express Delivery Service LLC
Ray N Welter Heating Co
Ray N Welter Heating Co
Ray N Welter Heating Co
Ike's Plumbing & Drain Cleaning Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,667 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2751 QUEEN AVE N MINNEAPOLIS MN 55411 | J W MCKINNEY & R C MCKINNEY | RESIDENTIAL | $223,000 | 40 ft |
| 2743 QUEEN AVE N MINNEAPOLIS MN 55411 | C LOR & J Y F LOR | RESIDENTIAL | $365,000 | 40 ft |
| 2755 QUEEN AVE N MINNEAPOLIS MN 55411 | JASOENE BENTIL | RESIDENTIAL | $177,000 | 80 ft |
| 2739 QUEEN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 80 ft |
| 2759 QUEEN AVE N MINNEAPOLIS MN 55411 | ERIC VARNADOE/TONIQUE CARTER | RESIDENTIAL | $198,000 | 119 ft |
| 2735 QUEEN AVE N MINNEAPOLIS MN 55411 | SOANA KAVNANGA HOWITZ | RESIDENTIAL | $145,400 | 120 ft |
| 2746 RUSSELL AVE N MINNEAPOLIS MN 55411 | RANISHA BOWIE | RESIDENTIAL | $314,000 | 142 ft |
| 2742 RUSSELL AVE N MINNEAPOLIS MN 55411 | LIA RASHEEDAH HENRY | RESIDENTIAL | $142,000 | 148 ft |
| 2750 RUSSELL AVE N MINNEAPOLIS MN 55411 | TAWANDA MILLER | RESIDENTIAL | $285,000 | 148 ft |
| 2731 QUEEN AVE N MINNEAPOLIS MN 55411 | M PELKEY & S STAHLMANN | RESIDENTIAL | $174,100 | 160 ft |
Most Recent Sale
Current Tax Year