Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2023 · Most recent: Oct 2023 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1317 JAMES AVE N MINNEAPOLIS MN 55411 | A GNAKADJA & M AKOLLY | RESIDENTIAL | $272,000 | 39 ft |
| 1321 JAMES AVE N MINNEAPOLIS MN 55411 | DALLAS & SARAH J WALTON | RESIDENTIAL | $171,000 | 78 ft |
| 1600 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | PLYMOUTH AVE TOWNHOMES LTD P | LOW INCOME RENTAL | $80,400 | 102 ft |
| 1325 JAMES AVE N MINNEAPOLIS MN 55411 | DALLAS WALTON | VACANT LAND-RESIDENTIAL | $2,200 | 108 ft |
| 1312 KNOX AVE N MINNEAPOLIS MN 55411 | RICHELLE TAYLOR | RESIDENTIAL | $117,000 | 140 ft |
| 1316 KNOX AVE N MINNEAPOLIS MN 55411 | NASER A AHMED/AYAN N HASSAN | RESIDENTIAL | $309,000 | 145 ft |
| 1329 JAMES AVE N MINNEAPOLIS MN 55411 | EVELYN BEAL | RESIDENTIAL | $328,700 | 147 ft |
| 1614 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | AMES LODGE NO. 106 ET AL | COMMERCIAL-PREFERRED | $477,500 | 153 ft |
| 1320 KNOX AVE N MINNEAPOLIS MN 55411 | SHALONDA WHITE | RESIDENTIAL | $292,700 | 160 ft |
| 1324 KNOX AVE N MINNEAPOLIS MN 55411 | PENNY M SHANNON | RESIDENTIAL | $179,000 | 182 ft |
Current Tax Year