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.
6 permits on record since 2002 · $560K total declared value · Most recent: Oct 2023 (remodel)
CENTAURI SYSTEMS LLC
TOTAL COMFORT
CENTERPOINT ENERGY
Swat Holdings LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Willard - Hay · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1028
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 2,573 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1822 JAMES AVE N MINNEAPOLIS MN 55411 | JACK UTZMAN | RESIDENTIAL | $339,000 | 48 ft |
| 1830 JAMES AVE N MINNEAPOLIS MN 55411 | ST ANDREWS CHURCH | RESIDENTIAL | $0 | 88 ft |
| 1816 JAMES AVE N MINNEAPOLIS MN 55411 | LATEESA T WARD | RESIDENTIAL | $366,500 | 98 ft |
| 1827 IRVING AVE N MINNEAPOLIS MN 55411 | JOHN A KNAEBLE | RESIDENTIAL | $201,200 | 139 ft |
| 1831 IRVING AVE N MINNEAPOLIS MN 55411 | NIKKI M WAHLBERG | RESIDENTIAL | $286,000 | 145 ft |
| 1823 IRVING AVE N MINNEAPOLIS MN 55411 | DANE MANAGEMENT LLC | LOW INCOME RENTAL | $247,400 | 145 ft |
| 1810 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 150 ft |
| 1819 IRVING AVE N MINNEAPOLIS MN 55411 | ALAN CEPEDA | RESIDENTIAL | $315,000 | 161 ft |
| 1835 IRVING AVE N MINNEAPOLIS MN 55411 | SANDRA L LOESCHER | RESIDENTIAL | $362,400 | 162 ft |
| 1815 IRVING AVE N MINNEAPOLIS MN 55411 | C H DEUTSCH & M L LAYMON | RESIDENTIAL | $270,900 | 184 ft |
Most Recent Sale
Current Tax Year