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.
3 permits on record since 2019 · $8K total declared value · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
BOYS MECHANICAL INC
SUSTAINABLE RESOURCES CENTER 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 2,646 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2711 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PETER NGUYEN | RESIDENTIAL | $99,000 | 40 ft |
| 2701 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DANE LIMITED LLC | LOW INCOME RENTAL | $119,000 | 40 ft |
| 2715 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MICHAEL DEPRIEST REV TRUST | RESIDENTIAL | $192,600 | 80 ft |
| 2719 SHERIDAN AVE N MINNEAPOLIS MN 55411 | NICOLLET PROPERTIES LLC | RESIDENTIAL | $142,400 | 120 ft |
| 2706 THOMAS AVE N MINNEAPOLIS MN 55411 | D & T PROPERTIES LLC | RESIDENTIAL | $178,500 | 142 ft |
| 2700 THOMAS AVE N MINNEAPOLIS MN 55411 | MARIA ZAMBRANO | RESIDENTIAL | $210,600 | 147 ft |
| 2710 THOMAS AVE N MINNEAPOLIS MN 55411 | WILLIAM HOANG | RESIDENTIAL | $281,200 | 148 ft |
| 2723 SHERIDAN AVE N MINNEAPOLIS MN 55411 | BLUE SAXON | RESIDENTIAL | $153,900 | 160 ft |
| 2714 THOMAS AVE N MINNEAPOLIS MN 55411 | D VANG & J B VANG | RESIDENTIAL | $186,000 | 163 ft |
| 2507 27TH AVE N MINNEAPOLIS MN 55411 | REAL ROTH SOLUTIONS | RESIDENTIAL | $102,000 | 170 ft |
Most Recent Sale
Current Tax Year