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.
1 permit on record since 2021 · $500 total declared value · Most recent: Dec 2021 (addition)
Raquan Cunnigan
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 3,712 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2411 JAMES AVE N MINNEAPOLIS MN 55411 | JUDITH M SIMPSON | RESIDENTIAL | $170,200 | 55 ft |
| 2407 JAMES AVE N MINNEAPOLIS MN 55411 | NICHOLAS CAPITAL INC | RESIDENTIAL-TWO UNIT | $216,900 | 94 ft |
| 1611 25TH AVE N MINNEAPOLIS MN 55411 | RAYMOND H DEHN | RESIDENTIAL | $227,000 | 104 ft |
| 1607 25TH AVE N MINNEAPOLIS MN 55411 | JAMES E SWARTWOOD | RESIDENTIAL-TWO UNIT | $215,400 | 108 ft |
| 1615 25TH AVE N MINNEAPOLIS MN 55411 | KAITLIN E OLSON | RESIDENTIAL | $187,000 | 119 ft |
| 1601 25TH AVE N MINNEAPOLIS MN 55411 | FOXRAIL REVOCABLE TRUST | RESIDENTIAL | $162,200 | 128 ft |
| 2405 JAMES AVE N MINNEAPOLIS MN 55411 | BRENDAN WHALEN | RESIDENTIAL-TWO UNIT | $276,200 | 136 ft |
| 1619 25TH AVE N MINNEAPOLIS MN 55411 | MICHAEL JOHN GROGAN | RESIDENTIAL | $86,000 | 146 ft |
| 2416 JAMES AVE N MINNEAPOLIS MN 55411 | LOUIS WALTON | RESIDENTIAL-TWO UNIT | $237,300 | 176 ft |
| 2412 JAMES AVE N MINNEAPOLIS MN 55411 | BUNGALOW BOSS HOLDINGS LLC | LOW INCOME RENTAL | $238,000 | 177 ft |
Most Recent Sale
Current Tax Year