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 2019 · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
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 2,601 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2646 QUEEN AVE N MINNEAPOLIS MN 55411 | T J SCRIMSHAW ET AL | RESIDENTIAL | $201,000 | 40 ft |
| 2654 QUEEN AVE N MINNEAPOLIS MN 55411 | NANCY E L & KRISTIAN ERDMANN | RESIDENTIAL | $194,000 | 40 ft |
| 2658 QUEEN AVE N MINNEAPOLIS MN 55411 | ZACHARY LEE | RESIDENTIAL | $123,100 | 79 ft |
| 2642 QUEEN AVE N MINNEAPOLIS MN 55411 | DEREK SEAN AUDET | RESIDENTIAL | $187,900 | 80 ft |
| 2638 QUEEN AVE N MINNEAPOLIS MN 55411 | E GUNDERSON & J BROCKEL | RESIDENTIAL | $207,900 | 120 ft |
| 2649 PENN AVE N MINNEAPOLIS MN 55411 | CHANTAL TAYLOR | RESIDENTIAL | $206,000 | 140 ft |
| 2655 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 146 ft |
| 2647 PENN AVE N MINNEAPOLIS MN 55411 | K KUHLMAN & W GLEASON | RESIDENTIAL | $215,000 | 146 ft |
| 2634 QUEEN AVE N MINNEAPOLIS MN 55411 | J C & A L SNODDY | RESIDENTIAL | $240,900 | 160 ft |
| 2659 PENN AVE N MINNEAPOLIS MN 55411 | TWIN CITIES TSB LLC | RESIDENTIAL | $249,000 | 161 ft |
Most Recent Sale
Current Tax Year