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 2005 · $140K total declared value · Most recent: Dec 2023 (existres)
Hoffman Refrigeration and Heating Ltd
CENTERPOINT ENERGY
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 2,643 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2746 THOMAS AVE N MINNEAPOLIS MN 55411 | PIERRE FAILLETTAZ | RESIDENTIAL | $125,000 | 40 ft |
| 2754 THOMAS AVE N MINNEAPOLIS MN 55411 | KRISTIN NORDVOLD | RESIDENTIAL | $285,000 | 40 ft |
| 2758 THOMAS AVE N MINNEAPOLIS MN 55411 | DAWNTAYA PETTIGREW | RESIDENTIAL | $128,600 | 79 ft |
| 2742 THOMAS AVE N MINNEAPOLIS MN 55411 | ANTHONY BENDA | RESIDENTIAL | $155,000 | 80 ft |
| 2738 THOMAS AVE N MINNEAPOLIS MN 55411 | DAVID WELD | RESIDENTIAL | $217,200 | 120 ft |
| 2751 SHERIDAN AVE N MINNEAPOLIS MN 55411 | J C E WEBB JR & S D WEBB | RESIDENTIAL | $231,000 | 142 ft |
| 2755 SHERIDAN AVE N MINNEAPOLIS MN 55411 | ALFRED J STAFFENHAGEN III | RESIDENTIAL | $253,500 | 147 ft |
| 2747 SHERIDAN AVE N MINNEAPOLIS MN 55411 | M A ANDERSON & L R ANDERSON | RESIDENTIAL | $210,800 | 147 ft |
| 2734 THOMAS AVE N MINNEAPOLIS MN 55411 | A NATHAN/S K ANDERSON ET AL | RESIDENTIAL | $169,900 | 160 ft |
| 2757 SHERIDAN AVE N MINNEAPOLIS MN 55411 | S J ARELLANO & C ARELLANO | RESIDENTIAL | $174,000 | 162 ft |
Most Recent Sale
Current Tax Year