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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2020 · Most recent: May 2022 (existres)
Standard Heating and Air Conditioning Inc
Warners Stellian Co Inc
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 1257
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 2,615 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2923 JAMES AVE N MINNEAPOLIS MN 55411 | NUTIDA WONG | RESIDENTIAL | $169,000 | 40 ft |
| 2935 JAMES AVE N MINNEAPOLIS MN 55411 | DANMARK PROPERTIES LLC | RESIDENTIAL | $188,500 | 60 ft |
| 2919 JAMES AVE N MINNEAPOLIS MN 55411 | THOMAS R SPECHT | RESIDENTIAL | $117,000 | 80 ft |
| 2939 JAMES AVE N MINNEAPOLIS MN 55411 | VA LEE & NANCY LEE | RESIDENTIAL | $237,800 | 120 ft |
| 2915 JAMES AVE N MINNEAPOLIS MN 55411 | MARY M WASHINGTON | RESIDENTIAL | $181,700 | 120 ft |
| 2926 KNOX AVE N MINNEAPOLIS MN 55411 | KELLY J SCHUMANN | RESIDENTIAL | $158,200 | 139 ft |
| 2922 KNOX AVE N MINNEAPOLIS MN 55411 | HOWARD T HENRY | RESIDENTIAL | $202,600 | 144 ft |
| 2930 KNOX AVE N MINNEAPOLIS MN 55411 | TRAVIS RYAN JOSEPH | RESIDENTIAL | $272,300 | 145 ft |
| 2911 JAMES AVE N MINNEAPOLIS MN 55411 | LAURIE REESE | RESIDENTIAL | $200,200 | 159 ft |
| 2943 JAMES AVE N MINNEAPOLIS MN 55411 | SHERICE MAYO | RESIDENTIAL | $210,000 | 160 ft |
Most Recent Sale
Current Tax Year