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.
1 permit on record since 2024 · Most recent: Jul 2024 (res)
CenterPoint Energy Resource Corp
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 5,089 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3033 3RD ST N MINNEAPOLIS MN 55411 | PAUL BELLEFLEUR | RESIDENTIAL | $170,000 | 64 ft |
| 3021 3RD ST N MINNEAPOLIS MN 55411 | ASSUMPTA F SIRRI | RESIDENTIAL-TWO UNIT | $238,300 | 68 ft |
| 3015 3RD ST N MINNEAPOLIS MN 55411 | ANNY KA YANG | RESIDENTIAL | $179,200 | 114 ft |
| 317 31ST AVE N MINNEAPOLIS MN 55411 | TAMIKO TROTT-BINNS | VACANT LAND-RESIDENTIAL | $14,000 | 126 ft |
| 3011 3RD ST N MINNEAPOLIS MN 55411 | D B GINSBERG & W S GINSBERG | RESIDENTIAL | $93,000 | 155 ft |
| 319 31ST AVE N MINNEAPOLIS MN 55411 | THOMAS P PETERSON | RESIDENTIAL | $146,000 | 171 ft |
| 3007 3RD ST N MINNEAPOLIS MN 55411 | EVANNER HAYMON | RESIDENTIAL | $198,500 | 203 ft |
| 3018 4TH ST N MINNEAPOLIS MN 55411 | ALYSON E CASTLEMAN | RESIDENTIAL | $349,000 | 208 ft |
| 3020 4TH ST N MINNEAPOLIS MN 55411 | PHOENIX RISE PROPERTIES LLC | RESIDENTIAL | $352,000 | 210 ft |
| 321 31ST AVE N MINNEAPOLIS MN 55411 | DIANA E SANISACA SIMBANA | RESIDENTIAL | $128,000 | 212 ft |
Most Recent Sale
Current Tax Year