ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2023 · Most recent: Oct 2023 (res)
CenterPoint Energy Resource Corp
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 2,669 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1511 THOMAS AVE N MINNEAPOLIS MN 55411 | DEBRA K ROUBINEK | RESIDENTIAL | $126,000 | 40 ft |
| 1501 THOMAS AVE N MINNEAPOLIS MN 55411 | SHELBI ZANDER | RESIDENTIAL | $215,000 | 40 ft |
| 1515 THOMAS AVE N MINNEAPOLIS MN 55411 | PATTY K WATLEY & TAMMY EWING | RESIDENTIAL | $214,000 | 80 ft |
| 1427 THOMAS AVE N MINNEAPOLIS MN 55411 | ADRIENNE KRONICK | RESIDENTIAL | $211,000 | 80 ft |
| 1519 THOMAS AVE N MINNEAPOLIS MN 55411 | MARCUS SULLIVAN | RESIDENTIAL | $420,000 | 120 ft |
| 1423 THOMAS AVE N MINNEAPOLIS MN 55411 | VICTOR BURKS JR | RESIDENTIAL | $197,600 | 120 ft |
| 1506 UPTON AVE N MINNEAPOLIS MN 55411 | PATRICK W DEA/SCOTT A BOOHER | VACANT LAND-RESIDENTIAL | $20,000 | 142 ft |
| 1500 UPTON AVE N MINNEAPOLIS MN 55411 | R F L PINTA & L A B ESPIN | RESIDENTIAL | $239,900 | 148 ft |
| 1510 UPTON AVE N MINNEAPOLIS MN 55411 | DAVID & SARAH SCHAVEE | RESIDENTIAL | $140,000 | 148 ft |
| 1523 THOMAS AVE N MINNEAPOLIS MN 55411 | MADELINE SCHROEDER | RESIDENTIAL | $184,500 | 160 ft |
Most Recent Sale
Current Tax Year