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 2021 · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning LLC
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 2,911 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2644 SHERIDAN AVE N MINNEAPOLIS MN 55411 | METRO HOMES LLC | RESIDENTIAL | $211,300 | 43 ft |
| 2652 SHERIDAN AVE N MINNEAPOLIS MN 55411 | FRED & DESARAE LEGRAND | RESIDENTIAL | $146,000 | 43 ft |
| 2656 SHERIDAN AVE N MINNEAPOLIS MN 55411 | R L FORD & J K WALKER | RESIDENTIAL | $159,500 | 85 ft |
| 2640 SHERIDAN AVE N MINNEAPOLIS MN 55411 | P S P MARQUEZ & E A S GOYES | RESIDENTIAL | $155,700 | 86 ft |
| 2636 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DANIEL ROTHER | RESIDENTIAL | $137,600 | 129 ft |
| 2651 RUSSELL AVE N MINNEAPOLIS MN 55411 | F LEGRAND & D C LEGRAND | RESIDENTIAL | $254,600 | 142 ft |
| 2655 RUSSELL AVE N MINNEAPOLIS MN 55411 | ENRIQUE CUATE BENITEZ | VACANT LAND-RESIDENTIAL | $17,000 | 148 ft |
| 2647 RUSSELL AVE N MINNEAPOLIS MN 55411 | LOR YANG & CINDY BLIA LY | RESIDENTIAL | $451,000 | 148 ft |
| 2501 27TH AVE N MINNEAPOLIS MN 55411 | EDGAR ALBERTO LEAL | RESIDENTIAL | $164,000 | 154 ft |
| 2659 RUSSELL AVE N MINNEAPOLIS MN 55411 | D C LEGRAND & F R LEGRAND | RESIDENTIAL | $140,000 | 165 ft |
Most Recent Sale
Current Tax Year