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.
2 permits on record since 2018 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
LODDERY PLUMBING 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 3,409 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2407 IRVING AVE N MINNEAPOLIS MN 55411 | KAO D HER & ZER CHA | RESIDENTIAL | $181,000 | 46 ft |
| 2327 IRVING AVE N MINNEAPOLIS MN 55411 | PARTRIDGE PROPERTIES MN LLC | RESIDENTIAL | $167,300 | 46 ft |
| 2411 IRVING AVE N MINNEAPOLIS MN 55411 | STEVEN MELDAHL | RESIDENTIAL | $112,800 | 92 ft |
| 2323 IRVING AVE N MINNEAPOLIS MN 55411 | DANLEN PROPERTIES LLC | RESIDENTIAL | $183,000 | 93 ft |
| 2415 IRVING AVE N MINNEAPOLIS MN 55411 | JUA CHANG & JOUA XIONG | RESIDENTIAL | $320,000 | 134 ft |
| 2319 IRVING AVE N MINNEAPOLIS MN 55411 | ISELEWA FAM LIV TRUST | VACANT LAND-RESIDENTIAL | $15,000 | 139 ft |
| 2414 ILION AVE N MINNEAPOLIS MN 55411 | MN HOUSING III LLC | RESIDENTIAL | $195,400 | 147 ft |
| 1614 22ND AVE N MINNEAPOLIS MN 55411 | PEDZO STAR PROPERTIES LLC | RESIDENTIAL | $0 | 158 ft |
| 1618 22ND AVE N MINNEAPOLIS MN 55411 | W N ZIEGLER & A A RASHAD | RESIDENTIAL | $183,800 | 165 ft |
| 1610 22ND AVE N MINNEAPOLIS MN 55411 | TONY XIONG | RESIDENTIAL | $172,800 | 169 ft |
Most Recent Sale
Current Tax Year