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 2022 · $6K total declared value · Most recent: May 2025 (res)
CenterPoint Energy Resource Corp
Minnesota Rusco 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 2,532 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2723 KNOX AVE N MINNEAPOLIS MN 55411 | F J WRIGHT-HOLLOMAN ET AL | RESIDENTIAL | $240,500 | 40 ft |
| 2715 KNOX AVE N MINNEAPOLIS MN 55411 | JOE GA SOUA THAO | RESIDENTIAL | $176,000 | 40 ft |
| 2727 KNOX AVE N MINNEAPOLIS MN 55411 | MAUDESSA RICH-HARRIS | RESIDENTIAL | $121,000 | 80 ft |
| 2709 KNOX AVE N MINNEAPOLIS MN 55411 | DEBRA JEAN WAGNER TRUST | RESIDENTIAL | $304,200 | 80 ft |
| 2731 KNOX AVE N MINNEAPOLIS MN 55411 | MIRIAM ALVAREZ | RESIDENTIAL | $290,000 | 120 ft |
| 2705 KNOX AVE N MINNEAPOLIS MN 55411 | TRUST AGR OF DEBRA J WAGNER | RESIDENTIAL | $251,700 | 129 ft |
| 2718 LOGAN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 139 ft |
| 2714 LOGAN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 144 ft |
| 2722 LOGAN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 144 ft |
| 2801 KNOX AVE N MINNEAPOLIS MN 55411 | EDWARD ROSS | RESIDENTIAL | $233,900 | 159 ft |
Most Recent Sale
Current Tax Year