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.
5 permits on record since 2003 · $279K total declared value · Most recent: Feb 2024 (misc)
Glamour Jack Construction LLC
MINNEHAHA HOME CARE AND RPR
Weld and Sons Plumbing Inc
Warners Stellian Co Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,493 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1312 KNOX AVE N MINNEAPOLIS MN 55411 | RICHELLE TAYLOR | RESIDENTIAL | $117,000 | 39 ft |
| 1320 KNOX AVE N MINNEAPOLIS MN 55411 | SHALONDA WHITE | RESIDENTIAL | $292,700 | 39 ft |
| 1324 KNOX AVE N MINNEAPOLIS MN 55411 | PENNY M SHANNON | RESIDENTIAL | $179,000 | 79 ft |
| 1328 KNOX AVE N MINNEAPOLIS MN 55411 | B I R MORRIS & A E R MORRIS | RESIDENTIAL | $300,000 | 118 ft |
| 1317 JAMES AVE N MINNEAPOLIS MN 55411 | A GNAKADJA & M AKOLLY | RESIDENTIAL | $272,000 | 139 ft |
| 1614 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | AMES LODGE NO. 106 ET AL | COMMERCIAL-PREFERRED | $477,500 | 142 ft |
| 1321 JAMES AVE N MINNEAPOLIS MN 55411 | DALLAS & SARAH J WALTON | RESIDENTIAL | $171,000 | 145 ft |
| 1311 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 145 ft |
| 1325 JAMES AVE N MINNEAPOLIS MN 55411 | DALLAS WALTON | VACANT LAND-RESIDENTIAL | $2,200 | 155 ft |
| 1332 KNOX AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $299,000 | 157 ft |
Most Recent Sale
Current Tax Year