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 the West Broadway Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2022 · Most recent: Feb 2023 (res)
CenterPoint Energy Resource Corp
LE VAHN BROS 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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,406 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1403 21ST AVE N MINNEAPOLIS MN 55411 | AMANDA ARNOLD | RESIDENTIAL | $253,000 | 50 ft |
| 1409 21ST AVE N MINNEAPOLIS MN 55411 | C WAHLSTROM & D SCHODDE | RESIDENTIAL-TWO UNIT | $207,600 | 54 ft |
| 1317 21ST AVE N MINNEAPOLIS MN 55411 | ISELEWA FAMILY LIVING TRUST | VACANT LAND-RESIDENTIAL | $14,000 | 95 ft |
| 1408 WEST BROADWAY MINNEAPOLIS MN 55411 | HENNEPIN CO REGIONAL RR AUTH | COMMERCIAL-PREFERRED | $0 | 132 ft |
| 1404 WEST BROADWAY MINNEAPOLIS MN 55411 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 137 ft |
| 1410 WEST BROADWAY MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 141 ft |
| 2100 IRVING AVE N MINNEAPOLIS MN 55411 | NOMI JORDAN PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $244,000 | 147 ft |
| 1402 21ST AVE N MINNEAPOLIS MN 55411 | MHF PROPERTIES LLC | RESIDENTIAL | $112,000 | 150 ft |
| 1307 21ST AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 151 ft |
| 1400 WEST BROADWAY MINNEAPOLIS MN 55411 | HENNEPIN CO REGIONAL RR AUTH | COMMERCIAL-PREFERRED | $0 | 163 ft |
Most Recent Sale
Current Tax Year