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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2017 · Most recent: Feb 2025 (existres)
Uneed HVAC Inc.
CENTERPOINT ENERGY
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 3,014 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2814 IRVING AVE N MINNEAPOLIS MN 55411 | ANNE ELIZABETH MC CANDLESS | RESIDENTIAL | $204,800 | 45 ft |
| 2806 IRVING AVE N MINNEAPOLIS MN 55411 | ANTONIO R ROSS SR | RESIDENTIAL | $225,800 | 46 ft |
| 2818 IRVING AVE N MINNEAPOLIS MN 55411 | SUE XIONG | RESIDENTIAL | $186,000 | 89 ft |
| 2800 IRVING AVE N MINNEAPOLIS MN 55411 | TAI HON LLC | RESIDENTIAL | $200,000 | 91 ft |
| 2724 IRVING AVE N MINNEAPOLIS MN 55411 | KAM VUE | RESIDENTIAL | $186,600 | 136 ft |
| 2811 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | ALLEN WATKINS | RESIDENTIAL | $195,200 | 138 ft |
| 2805 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | EUGENE YOUNG & ANNETTE YOUNG | RESIDENTIAL | $290,000 | 141 ft |
| 2815 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | EVEREST HOLDINGS LLC | LOW INCOME RENTAL | $212,000 | 145 ft |
| 2801 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | CYNTHIA D OTISO | RESIDENTIAL | $134,000 | 156 ft |
| 1519 29TH AVE N MINNEAPOLIS MN 55411 | J L MARTIN & G F MARTIN | RESIDENTIAL | $203,900 | 157 ft |
Most Recent Sale
Current Tax Year