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.
5 permits on record since 2019 · $10K total declared value · Most recent: Mar 2020 (existres)
Skyline Heating and Air LLC
Latitude 45 Design and Renovation Inc
Latitude 45 Design and Renovation Inc
Latitude 45 Design and Renovation Inc
Great Quality Plumbing Inc
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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 5,811 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1324 JAMES AVE N MINNEAPOLIS MN 55411 | CHONG K YANG & CHI M YANG | RESIDENTIAL | $208,000 | 69 ft |
| 1340 JAMES AVE N MINNEAPOLIS MN 55411 | LAMIN M & AWA B DIBBA | RESIDENTIAL | $253,000 | 88 ft |
| 1318 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 129 ft |
| 1329 IRVING AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 141 ft |
| 1337 IRVING AVE N MINNEAPOLIS MN 55411 | DANE MANAGEMENT LLC | LOW INCOME RENTAL | $187,100 | 146 ft |
| 1341 IRVING AVE N MINNEAPOLIS MN 55411 | DANIEL WESELY | RESIDENTIAL-TWO UNIT | $256,100 | 161 ft |
| 1325 IRVING AVE N MINNEAPOLIS MN 55411 | TRACEY ARMSTRONG | RESIDENTIAL | $244,500 | 165 ft |
| 1316 JAMES AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 174 ft |
| 1343 IRVING AVE N MINNEAPOLIS MN 55411 | MN ASST COUNCIL/VETERANS | RESIDENTIAL-TWO UNIT | $0 | 184 ft |
| 1331 JAMES AVE N MINNEAPOLIS MN 55411 | LI DING & LEI K JIANG | RESIDENTIAL-TWO UNIT | $230,200 | 184 ft |
Most Recent Sale
Current Tax Year