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.
8 permits on record since 2020 · $323K total declared value · Most recent: Sep 2023 (res)
Janecky Plumbing Service Inc
BENOZ ENTERPRISE INC
Air Rite Mechanical Systems Inc
Air Rite Mechanical Systems Inc
SERVEY PLUMBING 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 2,619 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2627 NEWTON AVE N MINNEAPOLIS MN 55411 | J ASITIMBAY & A ATARIGUANA | RESIDENTIAL | $186,100 | 41 ft |
| 2619 NEWTON AVE N MINNEAPOLIS MN 55411 | L C MUNSON & D QUEZADA | RESIDENTIAL | $309,000 | 43 ft |
| 2631 NEWTON AVE N MINNEAPOLIS MN 55411 | MAHMOOD KHAN | RESIDENTIAL | $191,800 | 84 ft |
| 2615 NEWTON AVE N MINNEAPOLIS MN 55411 | TONY MORALES | VACANT LAND-RESIDENTIAL | $7,000 | 86 ft |
| 2635 NEWTON AVE N MINNEAPOLIS MN 55411 | JACARA WARFIELD | RESIDENTIAL | $370,000 | 127 ft |
| 2611 NEWTON AVE N MINNEAPOLIS MN 55411 | JAMES G BROWNING | RESIDENTIAL | $277,000 | 129 ft |
| 2620 OLIVER AVE N MINNEAPOLIS MN 55411 | JOHN VARPNESS | RESIDENTIAL | $86,000 | 139 ft |
| 2622 OLIVER AVE N MINNEAPOLIS MN 55411 | ANDREW GUSKI | RESIDENTIAL | $101,300 | 139 ft |
| 2618 OLIVER AVE N MINNEAPOLIS MN 55411 | JONNY XIONG | RESIDENTIAL | $229,200 | 145 ft |
| 2626 OLIVER AVE N MINNEAPOLIS MN 55411 | THOMAS JAMES KAUL | RESIDENTIAL | $213,600 | 145 ft |
Most Recent Sale
Current Tax Year