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.
1 permit on record since 2018 · Most recent: Jul 2018 (existres)
MESPO HEATING AND COOLING 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 2,843 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2611 NEWTON AVE N MINNEAPOLIS MN 55411 | JAMES G BROWNING | RESIDENTIAL | $277,000 | 43 ft |
| 2601 NEWTON AVE N MINNEAPOLIS MN 55411 | JERRY JONES JR | RESIDENTIAL-TWO UNIT | $242,700 | 43 ft |
| 2615 NEWTON AVE N MINNEAPOLIS MN 55411 | TONY MORALES | VACANT LAND-RESIDENTIAL | $7,000 | 85 ft |
| 2619 NEWTON AVE N MINNEAPOLIS MN 55411 | L C MUNSON & D QUEZADA | RESIDENTIAL | $309,000 | 129 ft |
| 2604 OLIVER AVE N MINNEAPOLIS MN 55411 | DAVIS SJOBERG | RESIDENTIAL | $95,000 | 139 ft |
| 2600 OLIVER AVE N MINNEAPOLIS MN 55411 | CARLOS DOMINGUEZ PEDROZA | RESIDENTIAL | $54,000 | 145 ft |
| 2610 OLIVER AVE N MINNEAPOLIS MN 55411 | GMHC HOLDING LLC | VACANT LAND-RESIDENTIAL | $0 | 146 ft |
| 2523 NEWTON AVE N MINNEAPOLIS MN 55411 | NOMI JORDAN PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $185,300 | 157 ft |
| 2612 OLIVER AVE N MINNEAPOLIS MN 55411 | NICHOLAS CAPITAL INC | RESIDENTIAL | $169,000 | 164 ft |
| 2623 NEWTON AVE N MINNEAPOLIS MN 55411 | BRIANA THOMPSON | RESIDENTIAL | $343,000 | 172 ft |
Most Recent Sale
Current Tax Year