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 ↗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 2022 · $9K total declared value · Most recent: Oct 2023 (res)
CenterPoint Energy Resource Corp
LEGACY RESTORATION LLC
Pronto Heating & Air Conditioning Inc
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 2,151 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1427 WASHBURN AVE N MINNEAPOLIS MN 55411 | WNGS HOLDINGS LLC | RESIDENTIAL | $205,500 | 45 ft |
| 1501 WASHBURN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 48 ft |
| 1423 WASHBURN AVE N MINNEAPOLIS MN 55411 | CAMERON DOUGLAS LANDSTEINER | RESIDENTIAL | $227,000 | 91 ft |
| 1505 WASHBURN AVE N MINNEAPOLIS MN 55411 | B U HALPHEN ETAL TRUSTEES | RESIDENTIAL | $318,500 | 98 ft |
| 1430 XERXES AVE N MINNEAPOLIS MN 55411 | SHONDRA L DICKSON | RESIDENTIAL | $215,000 | 110 ft |
| 1426 XERXES AVE N MINNEAPOLIS MN 55411 | KATIE FRANSON | RESIDENTIAL | $223,700 | 123 ft |
| 1508 XERXES AVE N MINNEAPOLIS MN 55411 | MATTHEW RUNION & AMY RUNION | RESIDENTIAL | $292,600 | 127 ft |
| 1419 WASHBURN AVE N MINNEAPOLIS MN 55411 | JOSIE LOWELL | RESIDENTIAL | $274,500 | 135 ft |
| 1422 XERXES AVE N MINNEAPOLIS MN 55411 | LISA FISHER ET AL | RESIDENTIAL | $173,300 | 148 ft |
| 1509 WASHBURN AVE N MINNEAPOLIS MN 55411 | GARY & BRENDA J ROSS | RESIDENTIAL | $320,600 | 148 ft |
Most Recent Sale
Current Tax Year