ParcelLens
Property Intelligence · Twin Cities
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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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
1 permit on record since 2006 · Most recent: Oct 2006 (building re-inspection)
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2640 RUSSELL AVE N MINNEAPOLIS MN 55411 | HAWIE TUFA & MEO MUDI | RESIDENTIAL | $314,000 | 65 ft |
| 2644 RUSSELL AVE N MINNEAPOLIS MN 55411 | J C CHADWICK & G S CHADWICK | RESIDENTIAL | $169,000 | 107 ft |
| 2637 QUEEN AVE N MINNEAPOLIS MN 55411 | CALEB DOMEYER | RESIDENTIAL | $262,500 | 143 ft |
| 2633 QUEEN AVE N MINNEAPOLIS MN 55411 | CHURCH OF ST ANNE | VACANT LAND-RESIDENTIAL | $0 | 144 ft |
| 2648 RUSSELL AVE N MINNEAPOLIS MN 55411 | WILIER GUSTAVO CALLE ROJAS | RESIDENTIAL | $143,100 | 150 ft |
| 2641 QUEEN AVE N MINNEAPOLIS MN 55411 | NORMAN W PARKER | RESIDENTIAL | $223,800 | 155 ft |
| 2647 QUEEN AVE N MINNEAPOLIS MN 55411 | M O P ZOTAMBO/N L T VASQUEZ | RESIDENTIAL | $189,000 | 178 ft |
| 2639 RUSSELL AVE N MINNEAPOLIS MN 55411 | BARBARA A HOLLIS REV TRUST | RESIDENTIAL | $249,200 | 189 ft |
| 2635 RUSSELL AVE N MINNEAPOLIS MN 55411 | DANLEN PROPERTIES LLC | RESIDENTIAL | $176,700 | 189 ft |
| 2652 RUSSELL AVE N MINNEAPOLIS MN 55411 | CATHERINE BOWEN | RESIDENTIAL | $193,000 | 193 ft |
Most Recent Sale
Current Tax Year