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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2024 · $11K total declared value · Most recent: Mar 2024 (misc)
Trung Vu
CenterPoint Energy Resource Corp
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 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 2,690 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1650 THOMAS AVE N MINNEAPOLIS MN 55411 | MELISSA J SHIPP | RESIDENTIAL | $152,300 | 40 ft |
| 1658 THOMAS AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 41 ft |
| 1646 THOMAS AVE N MINNEAPOLIS MN 55411 | N A O JARA & R URGILES | RESIDENTIAL | $218,300 | 80 ft |
| 1642 THOMAS AVE N MINNEAPOLIS MN 55411 | MAURA L TRAYLOR | RESIDENTIAL | $332,000 | 120 ft |
| 1655 SHERIDAN AVE N MINNEAPOLIS MN 55411 | VIATICUS PROPERTIES INC | RESIDENTIAL | $169,000 | 141 ft |
| 1700 THOMAS AVE N MINNEAPOLIS MN 55411 | LOVELL N OATES | RESIDENTIAL | $146,000 | 143 ft |
| 1659 SHERIDAN AVE N MINNEAPOLIS MN 55411 | STEPHANIE J BROWN | RESIDENTIAL | $161,000 | 147 ft |
| 1651 SHERIDAN AVE N MINNEAPOLIS MN 55411 | ANDREW ALAN FERRANDO | RESIDENTIAL | $258,700 | 147 ft |
| 1638 THOMAS AVE N MINNEAPOLIS MN 55411 | BILLIE C HARDEMAN ET AL | RESIDENTIAL | $164,400 | 160 ft |
| 1647 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MINNESTPOPOLIS VII LLC | RESIDENTIAL | $131,500 | 163 ft |
Most Recent Sale
Current Tax Year