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.
6 permits on record since 2001 · $231K total declared value · Most recent: Sep 2022 (existres)
Centraire Heating & Air Conditioning LLC
Three Rivers Contracting LLC
Hoffman Refrigeration and Heating Ltd
DEN-MARK PLUMBING INC
MERIDIAN PROPERTIES 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
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 |
|---|---|---|---|---|
| 1415 THOMAS AVE N MINNEAPOLIS MN 55411 | ALEX ANGAMARCA ZARUMA | RESIDENTIAL | $203,000 | 40 ft |
| 1407 THOMAS AVE N MINNEAPOLIS MN 55411 | FANY RENDON MARTINEZ | RESIDENTIAL | $340,900 | 40 ft |
| 1419 THOMAS AVE N MINNEAPOLIS MN 55411 | COLBY TAYLOR/LORREN MUELLER | RESIDENTIAL | $328,000 | 80 ft |
| 1401 THOMAS AVE N MINNEAPOLIS MN 55411 | KATHY VANG | RESIDENTIAL | $336,000 | 80 ft |
| 1423 THOMAS AVE N MINNEAPOLIS MN 55411 | VICTOR BURKS JR | RESIDENTIAL | $197,600 | 120 ft |
| 1410 UPTON AVE N MINNEAPOLIS MN 55411 | TASHA RENEE JOHNSON | RESIDENTIAL | $205,700 | 142 ft |
| 1406 UPTON AVE N MINNEAPOLIS MN 55411 | ANDREW WILLIAMSON | RESIDENTIAL | $140,000 | 148 ft |
| 1414 UPTON AVE N MINNEAPOLIS MN 55411 | JUREN RASKE | RESIDENTIAL | $194,000 | 148 ft |
| 1427 THOMAS AVE N MINNEAPOLIS MN 55411 | ADRIENNE KRONICK | RESIDENTIAL | $211,000 | 160 ft |
| 1400 UPTON AVE N MINNEAPOLIS MN 55411 | ALAN L STARR | RESIDENTIAL | $197,000 | 163 ft |
Most Recent Sale
Current Tax Year