ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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 ↗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 2022 · Most recent: Feb 2023 (res)
CenterPoint Energy Resource Corp
Hero Home Services 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 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 3,411 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2437 ILION AVE N MINNEAPOLIS MN 55411 | CARLOS A PENA ROMERO | VACANT LAND-RESIDENTIAL | $8,000 | 40 ft |
| 2431 ILION AVE N MINNEAPOLIS MN 55411 | MNA RENTALS LLC | RESIDENTIAL | $198,900 | 50 ft |
| 2439 ILION AVE N MINNEAPOLIS MN 55411 | CARLOS A PENA ROMERO | RESIDENTIAL | $352,000 | 74 ft |
| 2427 ILION AVE N MINNEAPOLIS MN 55411 | HAWKEYE REAL ESTATE INVSTMNT | RESIDENTIAL | $193,000 | 97 ft |
| 2434 JAMES AVE N MINNEAPOLIS MN 55411 | BRENDA JEAN ELLIS | RESIDENTIAL | $164,300 | 138 ft |
| 2430 JAMES AVE N MINNEAPOLIS MN 55411 | FRANCES MARIE MAJOR | RESIDENTIAL | $132,400 | 141 ft |
| 2423 ILION AVE N MINNEAPOLIS MN 55411 | CHERYL DANIEL | RESIDENTIAL | $168,000 | 142 ft |
| 2426 JAMES AVE N MINNEAPOLIS MN 55411 | ALEX TIEDKE | RESIDENTIAL | $189,600 | 151 ft |
| 2420 JAMES AVE N MINNEAPOLIS MN 55411 | 2420 JAMES TRUST | RESIDENTIAL-TWO UNIT | $52,800 | 172 ft |
| 2503 IRVING AVE N MINNEAPOLIS MN 55411 | KEVIN GERADS | TRIPLEX | $225,300 | 179 ft |
Most Recent Sale
Current Tax Year