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 ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
6 permits on record since 2021 · $29K total declared value · Most recent: Nov 2025 (misc)
Bravo Restorations LLC
Bravo Restorations LLC
Weld and Sons Plumbing Inc
Midland HVAC LLC
Weld and Sons Plumbing Inc
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 2,849 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2640 COLFAX AVE N MINNEAPOLIS MN 55411 | ORQUIDEA T G GALEANA ETAL | RESIDENTIAL | $211,200 | 42 ft |
| 2650 COLFAX AVE N MINNEAPOLIS MN 55411 | JONNATHAN A NAULA COLLAGUAZO | RESIDENTIAL | $318,000 | 43 ft |
| 2654 COLFAX AVE N MINNEAPOLIS MN 55411 | R HAMMOND & K ATLAS | RESIDENTIAL | $287,000 | 85 ft |
| 2638 COLFAX AVE N MINNEAPOLIS MN 55411 | JUSTIN JUAN | RESIDENTIAL | $200,600 | 85 ft |
| 2634 COLFAX AVE N MINNEAPOLIS MN 55411 | BJR2X PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $188,500 | 128 ft |
| 2630 COLFAX AVE N MINNEAPOLIS MN 55411 | ROSA & HUGO BALMACEDA | RESIDENTIAL | $220,900 | 170 ft |
| 2645 COLFAX AVE N MINNEAPOLIS MN 55411 | PAUL G HOFRENNING | RESIDENTIAL-TWO UNIT | $257,500 | 187 ft |
| 2643 COLFAX AVE N MINNEAPOLIS MN 55411 | MARIA T PUMA | RESIDENTIAL | $288,000 | 191 ft |
| 2651 COLFAX AVE N MINNEAPOLIS MN 55411 | V E SANCHEZ MOROCHO ET AL | RESIDENTIAL | $282,000 | 192 ft |
| 2639 COLFAX AVE N MINNEAPOLIS MN 55411 | JERRETT WILLIAMS | RESIDENTIAL-TWO UNIT | $226,200 | 205 ft |
Most Recent Sale
Current Tax Year