Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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.
2 permits on record since 2017 · Most recent: Sep 2017 (res)
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning LLC
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 1021
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 6,371 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1212 24TH AVE N MINNEAPOLIS MN 55411 | SCHOOL DIST NO 1 | VACANT LAND-RESIDENTIAL | $0 | 54 ft |
| 2419 FREMONT AVE N MINNEAPOLIS MN 55411 | R MONTGOMERY & N ZIMMERMAN | RESIDENTIAL | $190,000 | 86 ft |
| 2421 FREMONT AVE N MINNEAPOLIS MN 55411 | KELLER B KNIGHTEN | RESIDENTIAL-TWO UNIT | $212,900 | 162 ft |
| 1124 24TH AVE N MINNEAPOLIS MN 55411 | AFI A AYISSA | RESIDENTIAL | $230,000 | 164 ft |
| 2321 FREMONT AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-APARTMENT | $0 | 182 ft |
| 1122 24TH AVE N MINNEAPOLIS MN 55411 | MIGS HOLDINGS LLC | RESIDENTIAL | $155,100 | 202 ft |
| 2425 FREMONT AVE N MINNEAPOLIS MN 55411 | J & R PEARCE | RESIDENTIAL | $202,700 | 206 ft |
| 1209 25TH AVE N MINNEAPOLIS MN 55411 | GARY MCLAUGHLIN | RESIDENTIAL-TWO UNIT | $379,700 | 233 ft |
| 2414 FREMONT AVE N MINNEAPOLIS MN 55411 | LOURDES M GUAMAN NIVICELA | RESIDENTIAL | $212,000 | 243 ft |
| 2429 FREMONT AVE N MINNEAPOLIS MN 55411 | VANWRIGHT FERGUSON | RESIDENTIAL | $121,000 | 249 ft |
Most Recent Sale
Current Tax Year