Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2002 · $290K total declared value · Most recent: Dec 2020 (accessory)
MONTI'S BLDG AND REMODELING
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 2,644 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2722 THOMAS AVE N MINNEAPOLIS MN 55411 | JAMES SWARTWOOD | RESIDENTIAL | $123,000 | 40 ft |
| 2730 THOMAS AVE N MINNEAPOLIS MN 55411 | ANDREW ENGEN | RESIDENTIAL | $142,100 | 40 ft |
| 2718 THOMAS AVE N MINNEAPOLIS MN 55411 | EBONY MITCHELL | RESIDENTIAL | $320,000 | 80 ft |
| 2734 THOMAS AVE N MINNEAPOLIS MN 55411 | A NATHAN/S K ANDERSON ET AL | RESIDENTIAL | $169,900 | 80 ft |
| 2714 THOMAS AVE N MINNEAPOLIS MN 55411 | D VANG & J B VANG | RESIDENTIAL | $186,000 | 120 ft |
| 2738 THOMAS AVE N MINNEAPOLIS MN 55411 | DAVID WELD | RESIDENTIAL | $217,200 | 120 ft |
| 2729 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DANE LIMITED LLC | RESIDENTIAL | $172,500 | 142 ft |
| 2723 SHERIDAN AVE N MINNEAPOLIS MN 55411 | BLUE SAXON | RESIDENTIAL | $153,900 | 148 ft |
| 2735 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JOSEPH KELLY ERICKSON | RESIDENTIAL | $249,500 | 158 ft |
| 2710 THOMAS AVE N MINNEAPOLIS MN 55411 | WILLIAM HOANG | RESIDENTIAL | $281,200 | 160 ft |
Most Recent Sale
Current Tax Year