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.
3 permits on record since 2017 · $11K total declared value · Most recent: Mar 2023 (res)
Admiral Radon & Mechanical Services LLC
SUSTAINABLE RESOURCES CENTER INC
Centraire Heating & Air Conditioning LLC
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 2,795 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2611 OLIVER AVE N MINNEAPOLIS MN 55411 | JORGE PENA VELEZ | RESIDENTIAL | $203,800 | 42 ft |
| 2619 OLIVER AVE N MINNEAPOLIS MN 55411 | JOVANNY MUNOZ | VACANT LAND-RESIDENTIAL | $16,000 | 43 ft |
| 2623 OLIVER AVE N MINNEAPOLIS MN 55411 | ARTURO GOMEZ ALQUICIRA | RESIDENTIAL | $204,000 | 85 ft |
| 2134 26TH AVE N MINNEAPOLIS MN 55411 | EDILIA H GARCIA | RESIDENTIAL | $138,000 | 111 ft |
| 2126 26TH AVE N MINNEAPOLIS MN 55411 | KEITH DAVID REITMAN | RESIDENTIAL | $260,500 | 112 ft |
| 2625 OLIVER AVE N MINNEAPOLIS MN 55411 | BLACKWOOD INVESTMENT INC | RESIDENTIAL | $86,000 | 117 ft |
| 2614 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 137 ft |
| 2627 OLIVER AVE N MINNEAPOLIS MN 55411 | RICHARD K VALLIS SR | RESIDENTIAL | $208,000 | 139 ft |
| 2618 PENN AVE N MINNEAPOLIS MN 55411 | CHRISTIAN LOPEZ FLORES | RESIDENTIAL | $320,000 | 145 ft |
| 2606 PENN AVE N MINNEAPOLIS MN 55411 | PENN REAL ESTATE HOLDINGS | COMMERCIAL-PREFERRED | $671,000 | 161 ft |
Most Recent Sale
Current Tax Year