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 2017 · $2K total declared value · Most recent: Apr 2025 (misc)
ASPEN CONTRACTING INC
CENTERPOINT ENERGY
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 3,060 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2819 18TH AVE N MINNEAPOLIS MN 55411 | EVAN GELLES/MAGDELENA WELLS | RESIDENTIAL | $383,000 | 40 ft |
| 2827 18TH AVE N MINNEAPOLIS MN 55411 | YANHUA SUN & I-CHANG WEN | RESIDENTIAL | $264,700 | 40 ft |
| 2901 18TH AVE N MINNEAPOLIS MN 55411 | M & D HONERBRINK | RESIDENTIAL | $249,900 | 79 ft |
| 2813 18TH AVE N MINNEAPOLIS MN 55411 | OSCAR LEAKS JR | RESIDENTIAL | $239,000 | 80 ft |
| 2907 18TH AVE N MINNEAPOLIS MN 55411 | JON T HEGLAND | RESIDENTIAL | $268,400 | 118 ft |
| 2811 18TH AVE N MINNEAPOLIS MN 55411 | AGUSTIN GIL-REYNOSO | RESIDENTIAL | $197,100 | 121 ft |
| 2822 17TH AVE N MINNEAPOLIS MN 55411 | 8000 PROPERTIES LLC | RESIDENTIAL | $126,500 | 155 ft |
| 2909 18TH AVE N MINNEAPOLIS MN 55411 | MARGUERITE W GLOVER REV TR | RESIDENTIAL | $260,300 | 158 ft |
| 2826 17TH AVE N MINNEAPOLIS MN 55411 | CHRISTINE M MOYER | RESIDENTIAL | $238,300 | 158 ft |
| 2805 18TH AVE N MINNEAPOLIS MN 55411 | MARJORIE E ROUNDTREE ET AL | RESIDENTIAL | $286,300 | 161 ft |
Most Recent Sale
Current Tax Year