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.
2 permits on record since 2024 · Most recent: Jun 2025 (res)
Hero Home Services LLC
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 2,759 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2801 18TH AVE N MINNEAPOLIS MN 55411 | KENNETH V JONES | RESIDENTIAL | $187,000 | 40 ft |
| 2811 18TH AVE N MINNEAPOLIS MN 55411 | AGUSTIN GIL-REYNOSO | RESIDENTIAL | $197,100 | 40 ft |
| 2813 18TH AVE N MINNEAPOLIS MN 55411 | OSCAR LEAKS JR | RESIDENTIAL | $239,000 | 81 ft |
| 2819 18TH AVE N MINNEAPOLIS MN 55411 | EVAN GELLES/MAGDELENA WELLS | RESIDENTIAL | $383,000 | 121 ft |
| 2806 17TH AVE N MINNEAPOLIS MN 55411 | DIANE RUFFIN | RESIDENTIAL | $321,300 | 145 ft |
| 2808 17TH AVE N MINNEAPOLIS MN 55411 | CHASE QUINTEN GARVER | RESIDENTIAL | $130,800 | 149 ft |
| 2800 17TH AVE N MINNEAPOLIS MN 55411 | WILLIAM H FULFORD | RESIDENTIAL | $269,500 | 152 ft |
| 2823 18TH AVE N MINNEAPOLIS MN 55411 | LAJEANNA FULLER | RESIDENTIAL | $187,500 | 161 ft |
| 2814 17TH AVE N MINNEAPOLIS MN 55411 | NEEDELS PROPERTIES LLC | RESIDENTIAL | $183,700 | 163 ft |
| 1718 VINCENT AVE N MINNEAPOLIS MN 55411 | LORRAINE WILSON PITTMAN | RESIDENTIAL | $267,000 | 184 ft |
Most Recent Sale
Current Tax Year