Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2020 · $36K total declared value · Most recent: Aug 2024 (accessory)
Chao Yang
Regency Plumbing Inc
Owens Companies Inc
Chao Yang
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Hawthorne · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1016
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 2,587 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2931 COLFAX AVE N MINNEAPOLIS MN 55411 | STEPHEN HOWSE | RESIDENTIAL | $130,000 | 40 ft |
| 2923 COLFAX AVE N MINNEAPOLIS MN 55411 | C C DIXON & MICHAEL D DIXON | RESIDENTIAL | $217,000 | 40 ft |
| 2935 COLFAX AVE N MINNEAPOLIS MN 55411 | MARIA S CRUZ/WILFREDO PABLO | VACANT LAND-RESIDENTIAL | $17,000 | 80 ft |
| 2919 COLFAX AVE N MINNEAPOLIS MN 55411 | DANIEL SMITH | RESIDENTIAL | $252,200 | 80 ft |
| 2939 COLFAX AVE N MINNEAPOLIS MN 55411 | RYAN RICHARDSON | RESIDENTIAL | $136,000 | 120 ft |
| 2915 COLFAX AVE N MINNEAPOLIS MN 55411 | B MICHAEL COX DEV LLC | VACANT LAND-RESIDENTIAL | $12,000 | 120 ft |
| 2926 DUPONT AVE N MINNEAPOLIS MN 55411 | MELODY RICHARDS | RESIDENTIAL | $122,000 | 140 ft |
| 2922 DUPONT AVE N MINNEAPOLIS MN 55411 | L LEWIS & S JOHNSON | RESIDENTIAL | $380,100 | 145 ft |
| 2930 DUPONT AVE N MINNEAPOLIS MN 55411 | YANG P XIONG & MAI LEE | RESIDENTIAL | $266,700 | 146 ft |
| 2943 COLFAX AVE N MINNEAPOLIS MN 55411 | HIWOT ADMASSU DADI | RESIDENTIAL | $203,000 | 160 ft |
Most Recent Sale
Current Tax Year