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 ↗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.
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 2,849 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2715 NEWTON AVE N MINNEAPOLIS MN 55411 | RICHARD CAIN | RESIDENTIAL | $85,000 | 42 ft |
| 2707 NEWTON AVE N MINNEAPOLIS MN 55411 | JAMES HAGER | RESIDENTIAL | $167,000 | 43 ft |
| 2719 NEWTON AVE N MINNEAPOLIS MN 55411 | RICHARD A CAIN ETAL | RESIDENTIAL | $177,000 | 85 ft |
| 2701 NEWTON AVE N MINNEAPOLIS MN 55411 | BABI NABETA-KEISE | RESIDENTIAL | $233,300 | 86 ft |
| 2723 NEWTON AVE N MINNEAPOLIS MN 55411 | HOWARD GLEN VIITA | RESIDENTIAL | $196,100 | 128 ft |
| 2710 OLIVER AVE N MINNEAPOLIS MN 55411 | JOSE LUIS REYES | RESIDENTIAL | $226,000 | 139 ft |
| 2706 OLIVER AVE N MINNEAPOLIS MN 55411 | KARI STEPHENS | RESIDENTIAL | $232,800 | 145 ft |
| 2712 OLIVER AVE N MINNEAPOLIS MN 55411 | SEN THI REED | RESIDENTIAL | $172,500 | 146 ft |
| 2700 OLIVER AVE N MINNEAPOLIS MN 55411 | QUALITY RESIDENCES LLC | RESIDENTIAL | $185,000 | 163 ft |
| 2716 OLIVER AVE N MINNEAPOLIS MN 55411 | RAFAEL B LEMA LEMA | RESIDENTIAL | $259,000 | 164 ft |
Most Recent Sale
Current Tax Year