Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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.
2 permits on record since 2020 · $2K total declared value · Most recent: Jan 2024 (res)
ECOWATER
Safe Basements of MN
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 3,561 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2521 JAMES AVE N MINNEAPOLIS MN 55411 | J L GAULDEN & M L GAULDEN | RESIDENTIAL | $275,000 | 48 ft |
| 2511 JAMES AVE N MINNEAPOLIS MN 55411 | DANTE COLEMAN | RESIDENTIAL | $330,000 | 48 ft |
| 2525 JAMES AVE N MINNEAPOLIS MN 55411 | LAKEVIEW LOAN SERVICING LLC | RESIDENTIAL | $300,000 | 95 ft |
| 2509 JAMES AVE N MINNEAPOLIS MN 55411 | ARIKA S QUINTANILLA ET AL | RESIDENTIAL | $270,000 | 97 ft |
| 1615 26TH AVE N MINNEAPOLIS MN 55411 | 1615 26TH AVE N MPLS LLC | LOW INCOME RENTAL | $560,000 | 134 ft |
| 1612 25TH AVE N MINNEAPOLIS MN 55411 | CONG YANG | RESIDENTIAL | $237,000 | 139 ft |
| 2529 JAMES AVE N MINNEAPOLIS MN 55411 | F V MARTINEZ & C V VAZQUEZ | RESIDENTIAL | $172,000 | 144 ft |
| 2501 JAMES AVE N MINNEAPOLIS MN 55411 | V CHAVARRIA/LUISA CHAVARRIA | RESIDENTIAL | $352,000 | 149 ft |
| 1619 26TH AVE N MINNEAPOLIS MN 55411 | JASON MIELKE | RESIDENTIAL | $94,000 | 157 ft |
| 1616 25TH AVE N MINNEAPOLIS MN 55411 | J R OLSON & P M CHAVEZ | RESIDENTIAL | $231,000 | 178 ft |
Most Recent Sale
Current Tax Year