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 2003 · $94K total declared value · Most recent: Feb 2024 (misc)
PROMINENT CONSTRUCTION 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,486 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1407 WASHBURN AVE N MINNEAPOLIS MN 55411 | JENNY INVESTMENTS LLC | RESIDENTIAL | $271,500 | 43 ft |
| 1411 WASHBURN AVE N MINNEAPOLIS MN 55411 | BEVERLY J MORRISON | RESIDENTIAL | $253,500 | 85 ft |
| 2916 14TH AVE N MINNEAPOLIS MN 55411 | IAN N KURIA | RESIDENTIAL | $280,900 | 104 ft |
| 1349 WASHBURN AVE N MINNEAPOLIS MN 55411 | ETIENNE LAND TRUST | RESIDENTIAL | $380,600 | 123 ft |
| 1415 WASHBURN AVE N MINNEAPOLIS MN 55411 | ROBERT RUDELIUS | RESIDENTIAL | $360,000 | 128 ft |
| 2920 14TH AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 147 ft |
| 1419 WASHBURN AVE N MINNEAPOLIS MN 55411 | JOSIE LOWELL | RESIDENTIAL | $274,500 | 171 ft |
| 1350 XERXES AVE N MINNEAPOLIS MN 55411 | D C WALKER & P BAXTER-WALKER | RESIDENTIAL | $342,900 | 175 ft |
| 1400 WASHBURN AVE N MINNEAPOLIS MN 55411 | WILLIAM D & ROBERTA E KEMP | RESIDENTIAL | $433,000 | 183 ft |
| 2924 14TH AVE N MINNEAPOLIS MN 55411 | ERIC D CARROLL | RESIDENTIAL | $200,000 | 189 ft |
Most Recent Sale
Current Tax Year