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.
3 permits on record since 2021 · $4K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
A Frank Motzko Plumbing LLC
BRAD SCOTT CONSTRUCTION
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 6,793 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1500 WASHBURN AVE N MINNEAPOLIS MN 55411 | VALORIE L JONES | RESIDENTIAL | $454,000 | 68 ft |
| 1410 WASHBURN AVE N MINNEAPOLIS MN 55411 | R MENNING & B K MENNING | RESIDENTIAL | $532,000 | 78 ft |
| 1504 WASHBURN AVE N MINNEAPOLIS MN 55411 | ADAM WETMORE | RESIDENTIAL | $346,500 | 127 ft |
| 1404 WASHBURN AVE N MINNEAPOLIS MN 55411 | AGIANPUYE M ALADA | RESIDENTIAL | $304,500 | 154 ft |
| 1501 VINCENT AVE N MINNEAPOLIS MN 55411 | MARRY DANIELS | RESIDENTIAL-TWO UNIT | $326,200 | 158 ft |
| 1423 VINCENT AVE N MINNEAPOLIS MN 55411 | C MERRIGAN & J MERRIGAN | RESIDENTIAL-TWO UNIT | $390,000 | 161 ft |
| 1415 VINCENT AVE N MINNEAPOLIS MN 55411 | EUGENE E BOIVIN | RESIDENTIAL | $169,100 | 169 ft |
| 1506 WASHBURN AVE N MINNEAPOLIS MN 55411 | C R RIES JR & A J J RIES | RESIDENTIAL | $452,000 | 180 ft |
| 1411 VINCENT AVE N MINNEAPOLIS MN 55411 | RACHEL J ARNOLD | RESIDENTIAL | $287,800 | 191 ft |
| 1419 WASHBURN AVE N MINNEAPOLIS MN 55411 | JOSIE LOWELL | RESIDENTIAL | $274,500 | 201 ft |
Most Recent Sale
Current Tax Year