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.
1 permit on record since 2003 · $295K total declared value · Most recent: Jan 2003 (binb)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,767 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2614 KNOX AVE N MINNEAPOLIS MN 55411 | TIMOTHY EILER | RESIDENTIAL | $255,000 | 42 ft |
| 1716 26TH AVE N MINNEAPOLIS MN 55411 | SHANNON ST PETERS | LOW INCOME RENTAL | $129,600 | 65 ft |
| 1722 26TH AVE N MINNEAPOLIS MN 55411 | JORDAN AREA COMM COUNCIL | VACANT LAND-RESIDENTIAL | $7,000 | 77 ft |
| 1712 26TH AVE N MINNEAPOLIS MN 55411 | PVV LLC | LOW INCOME RENTAL | $274,700 | 78 ft |
| 2618 KNOX AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TR | — | $196,600 | 84 ft |
| 2622 KNOX AVE N MINNEAPOLIS MN 55411 | JOSE A HERNANDEZ MONCADA | RESIDENTIAL | $226,300 | 126 ft |
| 2611 JAMES AVE N MINNEAPOLIS MN 55411 | TENG CHU YANG HEU | RESIDENTIAL | $363,000 | 139 ft |
| 2615 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 145 ft |
| 2607 JAMES AVE N MINNEAPOLIS MN 55411 | JOYLAND PROPERTIES LLC | RESIDENTIAL | $140,300 | 146 ft |
| 2619 JAMES AVE N MINNEAPOLIS MN 55411 | JAQUELINE RODRIGUEZ CRUZ | RESIDENTIAL | $231,000 | 163 ft |
Most Recent Sale
Current Tax Year