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.
3 permits on record since 2019 · $36K total declared value · Most recent: Sep 2019 (misc)
Mayday Restoration
Mayday Restoration
Mayday Restoration
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 3,866 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2305 JAMES AVE N MINNEAPOLIS MN 55411 | JOSEPH BOYI | RESIDENTIAL | $301,000 | 49 ft |
| 2313 JAMES AVE N MINNEAPOLIS MN 55411 | MUNIRA AHMED | RESIDENTIAL | $300,000 | 50 ft |
| 2317 JAMES AVE N MINNEAPOLIS MN 55411 | MESIAS A NIOLA PESANTEZ | RESIDENTIAL | $247,600 | 99 ft |
| 2301 JAMES AVE N MINNEAPOLIS MN 55411 | HANGASU LUGO & MUMINA ABDI | RESIDENTIAL | $301,000 | 111 ft |
| 2321 JAMES AVE N MINNEAPOLIS MN 55411 | CLIFFORD JOHNSON | RESIDENTIAL | $140,700 | 145 ft |
| 2223 JAMES AVE N MINNEAPOLIS MN 55411 | BENJAMIN M SEVERNS ET AL | RESIDENTIAL | $186,300 | 159 ft |
| 2308 LOGAN AVE N MINNEAPOLIS MN 55411 | DENNIS L WILLIAMS | RESIDENTIAL-TWO UNIT | $237,000 | 159 ft |
| 2314 LOGAN AVE N MINNEAPOLIS MN 55411 | EDOUARD & LILIANE BERGEN | RESIDENTIAL-TWO UNIT | $250,000 | 162 ft |
| 2306 LOGAN AVE N MINNEAPOLIS MN 55411 | A K MACK & A C WALKER | RESIDENTIAL | $270,000 | 167 ft |
| 2316 LOGAN AVE N MINNEAPOLIS MN 55411 | ALYSON MCCOY | RESIDENTIAL-TWO UNIT | $279,000 | 175 ft |
Most Recent Sale
Current Tax Year