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.
1 permit on record since 2019 · Most recent: Mar 2019 (res)
CenterPoint Energy Resource Corp
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 4,449 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2944 KNOX AVE N MINNEAPOLIS MN 55411 | KIAMARE MCEWEN | RESIDENTIAL | $151,000 | 50 ft |
| 2958 KNOX AVE N MINNEAPOLIS MN 55411 | J ABDUL & A ABDUL | RESIDENTIAL | $355,000 | 59 ft |
| 2942 KNOX AVE N MINNEAPOLIS MN 55411 | DE'KALEIGHA WELLS | RESIDENTIAL | $293,000 | 90 ft |
| 2938 KNOX AVE N MINNEAPOLIS MN 55411 | SHARON L POWELL | RESIDENTIAL | $183,900 | 130 ft |
| 2951 JAMES AVE N MINNEAPOLIS MN 55411 | ROSA C FIGUEROA ROBLES | RESIDENTIAL | $218,100 | 140 ft |
| 2955 JAMES AVE N MINNEAPOLIS MN 55411 | ANTHONY MCJILTON | RESIDENTIAL | $162,100 | 142 ft |
| 2947 JAMES AVE N MINNEAPOLIS MN 55411 | R SCHINDLER & F WALKER | RESIDENTIAL | $169,100 | 149 ft |
| 2957 JAMES AVE N MINNEAPOLIS MN 55411 | N & S WALLIN | RESIDENTIAL | $141,700 | 154 ft |
| 3000 KNOX AVE N MINNEAPOLIS MN 55411 | HOLLY KATHLEEN AHO | RESIDENTIAL | $121,000 | 167 ft |
| 2943 JAMES AVE N MINNEAPOLIS MN 55411 | SHERICE MAYO | RESIDENTIAL | $210,000 | 167 ft |
Most Recent Sale
Current Tax Year