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 ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 27
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 2,832 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1814 RUSSELL AVE N MINNEAPOLIS MN 55411 | RACHEL L SOMMERFELD ET AL | RESIDENTIAL | $226,200 | 42 ft |
| 1810 RUSSELL AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | — | $247,100 | 84 ft |
| 2323 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | JAMES MCGAFFEY | RESIDENTIAL | $137,900 | 97 ft |
| 2319 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 101 ft |
| 2327 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 107 ft |
| 2315 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | SHAUNAE CARTER | RESIDENTIAL | $135,000 | 120 ft |
| 1806 RUSSELL AVE N MINNEAPOLIS MN 55411 | THOMAS TRUTNA | RESIDENTIAL | $122,000 | 125 ft |
| 1819 QUEEN AVE N MINNEAPOLIS MN 55411 | D & P RENTALS LLC | RESIDENTIAL | $211,000 | 142 ft |
| 2309 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $276,000 | 147 ft |
| 1815 QUEEN AVE N MINNEAPOLIS MN 55411 | UNCOMMON CONSTRUCTION INC | VACANT LAND-RESIDENTIAL | $16,000 | 148 ft |
Most Recent Sale
Current Tax Year