Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
6 permits on record since 2013 · $250K total declared value · Most recent: Oct 2024 (existres)
Blue Ox Heating and Air LLC
A-TEAM CONSTRUCTION INC
MARSHALL BROTHERS INC
Air Rite Mechanical Systems Inc
M and S Plumbing Inc
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 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 2,979 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2526 JAMES AVE N MINNEAPOLIS MN 55411 | K NICHOLS JR & W BARNSLATER | RESIDENTIAL | $351,000 | 46 ft |
| 2534 JAMES AVE N MINNEAPOLIS MN 55411 | K BYRNE & B TRUAX | RESIDENTIAL | $350,000 | 47 ft |
| 2522 JAMES AVE N MINNEAPOLIS MN 55411 | S DILLMAN & G R DILLMAN | RESIDENTIAL | $318,000 | 93 ft |
| 2516 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 137 ft |
| 2533 IRVING AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 142 ft |
| 2531 IRVING AVE N MINNEAPOLIS MN 55411 | HANNAH HOUTS | RESIDENTIAL | $160,100 | 142 ft |
| 2539 IRVING AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $241,000 | 154 ft |
| 2527 IRVING AVE N MINNEAPOLIS MN 55411 | OTOKANI DOMINGUEZ LOPEZ | RESIDENTIAL | $274,000 | 154 ft |
| 1618 26TH AVE N MINNEAPOLIS MN 55411 | T & S R M MARTIN | RESIDENTIAL | $124,700 | 172 ft |
| 1620 26TH AVE N MINNEAPOLIS MN 55411 | AMBROSIA JENMARIE COLLETTE | RESIDENTIAL | $192,100 | 175 ft |
Most Recent Sale
Current Tax Year