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.
6 permits on record since 2021 · $25K total declared value · Most recent: Mar 2025 (misc)
Glacier Builders Inc
XTREME CONSTRUCTION
Patrick Nguyen
Baxter Mechanical, Inc
Le's Heating and Air 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 1,685 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1712 HILLSIDE AVE N MINNEAPOLIS MN 55411 | DELILAH MONTGOMERY | VACANT LAND-RESIDENTIAL | $19,000 | 65 ft |
| 1706 HILLSIDE AVE N MINNEAPOLIS MN 55411 | CHARLENE CRITTENDEN | RESIDENTIAL | $194,000 | 66 ft |
| 2340 JAMES AVE N MINNEAPOLIS MN 55411 | JAMES MANOR LLC | RESIDENTIAL | $159,700 | 80 ft |
| 2344 JAMES AVE N MINNEAPOLIS MN 55411 | YER XIONG/PAI KA THAO ET AL | RESIDENTIAL | $225,200 | 120 ft |
| 1700 HILLSIDE AVE N MINNEAPOLIS MN 55411 | TOU L YANG | RESIDENTIAL | $312,000 | 129 ft |
| 1711 HILLSIDE AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 149 ft |
| 2315 ILION AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $342,000 | 152 ft |
| 2225 ILION AVE N MINNEAPOLIS MN 55411 | CHRISTY MOUA | RESIDENTIAL | $233,000 | 160 ft |
| 2348 JAMES AVE N MINNEAPOLIS MN 55411 | E C DEMUNCK & S B BASSAN | RESIDENTIAL | $206,700 | 163 ft |
| 1715 HILLSIDE AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $268,000 | 173 ft |
Most Recent Sale
Current Tax Year