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.
5 permits on record since 2021 · $191K total declared value · Most recent: Mar 2025 (existres)
MESPO HEATING AND COOLING INC
Dooty Calls Plumbing LLC
WESTAR HOMES INC
Advanced Heating & Air Conditioning LLC
FFM LLC
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 2,605 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1614 XERXES AVE N MINNEAPOLIS MN 55411 | MEE THAO & SHOUA XIONG | RESIDENTIAL | $238,300 | 40 ft |
| 1622 XERXES AVE N MINNEAPOLIS MN 55411 | A CROCKER & K PINTAR | RESIDENTIAL | $104,000 | 50 ft |
| 1630 XERXES AVE N MINNEAPOLIS MN 55411 | ANDREW CROCKER ET AL | RESIDENTIAL | $331,000 | 110 ft |
| 1606 XERXES AVE N MINNEAPOLIS MN 55411 | APRIL A ESTES REV TRUST | RESIDENTIAL | $474,500 | 123 ft |
| 2920 16TH AVE N MINNEAPOLIS MN 55411 | MARK G OLSON & DAWN M OLSON | RESIDENTIAL | $218,700 | 126 ft |
| 1619 WASHBURN AVE N MINNEAPOLIS MN 55411 | K L & R A PHIFER | RESIDENTIAL | $172,300 | 140 ft |
| 1623 WASHBURN AVE N MINNEAPOLIS MN 55411 | ALIKA & RALPH GALLOWAY | RESIDENTIAL | $270,100 | 146 ft |
| 1615 WASHBURN AVE N MINNEAPOLIS MN 55411 | DARLENE M POTTS | RESIDENTIAL | $223,600 | 146 ft |
| 1634 XERXES AVE N MINNEAPOLIS MN 55411 | ROLAND BAKER SR/LYNDA BAKER | RESIDENTIAL | $378,400 | 160 ft |
| 1627 WASHBURN AVE N MINNEAPOLIS MN 55411 | ANNETTE SIMMONS | RESIDENTIAL | $267,800 | 161 ft |
Most Recent Sale
Current Tax Year