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 ↗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 ↗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.
5 permits on record since 2017 · $10K total declared value · Most recent: Jan 2024 (misc)
MERIDIAN PROPERTIES LLC
CenterPoint Energy Resource Corp
Patton Heating And Air Conditioning Inc
ARNOLD CONTRACTING AND REMODELING INC
ARNOLD CONTRACTING AND REMODELING 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 2,990 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2314 IRVING AVE N MINNEAPOLIS MN 55411 | CHARLITA JOHNSON | RESIDENTIAL | $149,000 | 49 ft |
| 2322 IRVING AVE N MINNEAPOLIS MN 55411 | CHELSEY BOLES | RESIDENTIAL | $173,100 | 54 ft |
| 1411 24TH AVE N MINNEAPOLIS MN 55411 | BERTHA NAVARRETE SABINO | RESIDENTIAL | $129,000 | 88 ft |
| 2310 IRVING AVE N MINNEAPOLIS MN 55411 | M D MADLOCK & A J MADLOCK | RESIDENTIAL | $214,100 | 91 ft |
| 2326 IRVING AVE N MINNEAPOLIS MN 55411 | CHARLES OULLETTE | RESIDENTIAL | $148,000 | 92 ft |
| 2306 IRVING AVE N MINNEAPOLIS MN 55411 | GINA JOHNSON & RYAN HOLCOMB | RESIDENTIAL | $203,400 | 132 ft |
| 2328 IRVING AVE N MINNEAPOLIS MN 55411 | G D WILSON & M M WILSON | RESIDENTIAL-TWO UNIT | $265,300 | 138 ft |
| 2304 IRVING AVE N MINNEAPOLIS MN 55411 | GINA JOHNSON & RYAN HOLCOMB | VACANT LAND-RESIDENTIAL | $1,500 | 153 ft |
| 2300 IRVING AVE N MINNEAPOLIS MN 55411 | CHARMAINE WAHLSTROM | RESIDENTIAL | $214,600 | 176 ft |
| 2448 ILION AVE N MINNEAPOLIS MN 55411 | PARK BOARD | VACANT LAND-RESIDENTIAL | $0 | 241 ft |
Most Recent Sale
Current Tax Year