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.
No permits found in Minneapolis open data for this parcel.
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 2,859 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2942 NEWTON AVE N MINNEAPOLIS MN 55411 | SEAWARD PROPERTIES LLC | LOW INCOME RENTAL | $259,300 | 43 ft |
| 2950 NEWTON AVE N MINNEAPOLIS MN 55411 | K E EKWALL & J A BISTRAM | RESIDENTIAL | $157,000 | 43 ft |
| 2938 NEWTON AVE N MINNEAPOLIS MN 55411 | BI EVELYN NAWA | RESIDENTIAL | $205,600 | 85 ft |
| 2954 NEWTON AVE N MINNEAPOLIS MN 55411 | BENJAMIN ENSZ | RESIDENTIAL | $225,200 | 85 ft |
| 2932 NEWTON AVE N MINNEAPOLIS MN 55411 | DKW PROPERTIES LLC | RESIDENTIAL | $135,000 | 128 ft |
| 2947 MORGAN AVE N MINNEAPOLIS MN 55411 | BRITTANY WALKER | RESIDENTIAL | $148,400 | 139 ft |
| 2951 MORGAN AVE N MINNEAPOLIS MN 55411 | SENENE TIBANE | RESIDENTIAL | $120,900 | 145 ft |
| 2943 MORGAN AVE N MINNEAPOLIS MN 55411 | EVARSON A TOSCANO AZEVEDO | RESIDENTIAL-TWO UNIT | $286,300 | 146 ft |
| 2955 MORGAN AVE N MINNEAPOLIS MN 55411 | CHENG CHANG | RESIDENTIAL | $193,900 | 162 ft |
| 2939 MORGAN AVE N MINNEAPOLIS MN 55411 | MUNA MUMED | RESIDENTIAL | $277,000 | 164 ft |
Most Recent Sale
Current Tax Year