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 2023 · $5K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
ERICK KALLERUP 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 1,935 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1338 WASHBURN AVE N MINNEAPOLIS MN 55411 | ALEXANDER SULLINS | RESIDENTIAL | $359,000 | 48 ft |
| 1350 WASHBURN AVE N MINNEAPOLIS MN 55411 | A DJ HERNANDEZ CHAPA | RESIDENTIAL | $271,000 | 69 ft |
| 2815 14TH AVE N MINNEAPOLIS MN 55411 | TANIA BASTEN & SHARON BASTEN | RESIDENTIAL | $238,800 | 81 ft |
| 1334 WASHBURN AVE N MINNEAPOLIS MN 55411 | BONNIE J SMITH | RESIDENTIAL | $303,500 | 92 ft |
| 1330 WASHBURN AVE N MINNEAPOLIS MN 55411 | TANNER JOHNSON/JULIA JOHNSON | RESIDENTIAL | $307,800 | 138 ft |
| 1345 VINCENT AVE N MINNEAPOLIS MN 55411 | JENNIFER R MADSEN | RESIDENTIAL | $289,700 | 160 ft |
| 1349 VINCENT AVE N MINNEAPOLIS MN 55411 | FLORA WESTBROOKS | RESIDENTIAL | $221,100 | 162 ft |
| 1341 VINCENT AVE N MINNEAPOLIS MN 55411 | TERRY & TRENA SUMRALL | RESIDENTIAL | $193,000 | 167 ft |
| 1343 WASHBURN AVE N MINNEAPOLIS MN 55411 | D D BAIRD & S C LEE-BAIRD | RESIDENTIAL | $408,100 | 167 ft |
| 1357 VINCENT AVE N MINNEAPOLIS MN 55411 | FAITH B VOKOVAN | RESIDENTIAL | $165,800 | 174 ft |
Most Recent Sale
Current Tax Year