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.
2 permits on record since 2023 · $6K total declared value · Most recent: Oct 2023 (existres)
Home Energy Center Inc
AMERICAN WATERWORKS
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 sfr / adu benchmarks for 987 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2620 OLIVER AVE N MINNEAPOLIS MN 55411 | JOHN VARPNESS | RESIDENTIAL | $86,000 | 21 ft |
| 2626 OLIVER AVE N MINNEAPOLIS MN 55411 | THOMAS JAMES KAUL | RESIDENTIAL | $213,600 | 32 ft |
| 2618 OLIVER AVE N MINNEAPOLIS MN 55411 | JONNY XIONG | RESIDENTIAL | $229,200 | 53 ft |
| 2630 OLIVER AVE N MINNEAPOLIS MN 55411 | MICHAEL SAHADEO | RESIDENTIAL | $205,100 | 75 ft |
| 2612 OLIVER AVE N MINNEAPOLIS MN 55411 | NICHOLAS CAPITAL INC | RESIDENTIAL | $169,000 | 96 ft |
| 2634 OLIVER AVE N MINNEAPOLIS MN 55411 | C F C OBISPO | RESIDENTIAL | $141,000 | 117 ft |
| 2610 OLIVER AVE N MINNEAPOLIS MN 55411 | GMHC HOLDING LLC | VACANT LAND-RESIDENTIAL | $0 | 138 ft |
| 2623 NEWTON AVE N MINNEAPOLIS MN 55411 | BRIANA THOMPSON | RESIDENTIAL | $343,000 | 139 ft |
| 2627 NEWTON AVE N MINNEAPOLIS MN 55411 | J ASITIMBAY & A ATARIGUANA | RESIDENTIAL | $186,100 | 142 ft |
| 2619 NEWTON AVE N MINNEAPOLIS MN 55411 | L C MUNSON & D QUEZADA | RESIDENTIAL | $309,000 | 149 ft |
Most Recent Sale
Current Tax Year