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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2019 · $6K total declared value · Most recent: Jun 2020 (res)
Warners Stellian Co Inc
PIPE MASTERS INC
SOLID ROCK CONSTRUCTION
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 1020
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 2,659 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2322 THOMAS AVE N MINNEAPOLIS MN 55411 | KIMECO HENDERSON | RESIDENTIAL | $172,900 | 40 ft |
| 2330 THOMAS AVE N MINNEAPOLIS MN 55411 | ROSA A ORELLANA | RESIDENTIAL | $197,700 | 40 ft |
| 2318 THOMAS AVE N MINNEAPOLIS MN 55411 | BETTY J ALEXANDER | RESIDENTIAL | $186,000 | 80 ft |
| 2334 THOMAS AVE N MINNEAPOLIS MN 55411 | B J NIGHTINGALE ET AL | RESIDENTIAL | $253,000 | 80 ft |
| 2314 THOMAS AVE N MINNEAPOLIS MN 55411 | JAMES MEDIN & WILLA JO MEDIN | RESIDENTIAL | $126,200 | 120 ft |
| 2338 THOMAS AVE N MINNEAPOLIS MN 55411 | ANNA MARIE PRICHARD | RESIDENTIAL | $264,000 | 120 ft |
| 2327 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DRIFTMERE REVOCABLE TRUST | RESIDENTIAL | $224,000 | 142 ft |
| 2331 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $371,000 | 147 ft |
| 2323 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KELLER LAMPERT | RESIDENTIAL | $208,000 | 148 ft |
| 2342 THOMAS AVE N MINNEAPOLIS MN 55411 | NANCY M TOLEY | RESIDENTIAL | $195,800 | 161 ft |
Most Recent Sale
Current Tax Year