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.
1 permit on record since 2025 · $800 total declared value · Most recent: Feb 2025 (addition)
JOE KRUSE CONSTRUCTION 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 1,213 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2320 LOGAN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | RESIDENTIAL-TWO UNIT | $274,582 | 23 ft |
| 2324 LOGAN AVE N MINNEAPOLIS MN 55411 | CARPATHIAN HOLDINGS LLC | LOW INCOME RENTAL | $161,800 | 24 ft |
| 2318 LOGAN AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | RESIDENTIAL-TWO UNIT | $274,718 | 45 ft |
| 2328 LOGAN AVE N MINNEAPOLIS MN 55411 | BARAKO URUR & RAMLA IBRAHIM | RESIDENTIAL | $334,000 | 58 ft |
| 2316 LOGAN AVE N MINNEAPOLIS MN 55411 | ALYSON MCCOY | RESIDENTIAL-TWO UNIT | $279,000 | 80 ft |
| 2332 LOGAN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $276,300 | 94 ft |
| 2334 LOGAN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $275,800 | 116 ft |
| 2314 LOGAN AVE N MINNEAPOLIS MN 55411 | EDOUARD & LILIANE BERGEN | RESIDENTIAL-TWO UNIT | $250,000 | 124 ft |
| 2321 JAMES AVE N MINNEAPOLIS MN 55411 | CLIFFORD JOHNSON | RESIDENTIAL | $140,700 | 148 ft |
| 2338 LOGAN AVE N MINNEAPOLIS MN 55411 | D ESPINOZA & T E ESPINOZA | RESIDENTIAL | $263,000 | 150 ft |
Most Recent Sale
Current Tax Year