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 · $18K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
WELTER CONSTRUCTION LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,575 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1347 THOMAS AVE N MINNEAPOLIS MN 55411 | DANMARK PROPERTIES LLC | RESIDENTIAL | $149,000 | 42 ft |
| 1345 THOMAS AVE N MINNEAPOLIS MN 55411 | YVONNE O MEAUX | RESIDENTIAL | $303,600 | 84 ft |
| 1401 THOMAS AVE N MINNEAPOLIS MN 55411 | KATHY VANG | RESIDENTIAL | $336,000 | 101 ft |
| 1341 THOMAS AVE N MINNEAPOLIS MN 55411 | C R LITTEKEN & P G LITTEKEN | RESIDENTIAL | $190,500 | 126 ft |
| 1407 THOMAS AVE N MINNEAPOLIS MN 55411 | FANY RENDON MARTINEZ | RESIDENTIAL | $340,900 | 141 ft |
| 1352 UPTON AVE N MINNEAPOLIS MN 55411 | SRFF LLC | RESIDENTIAL | $236,000 | 142 ft |
| 1348 UPTON AVE N MINNEAPOLIS MN 55411 | JESSICA LYNN ESPINOZA | RESIDENTIAL | $219,200 | 148 ft |
| 1344 UPTON AVE N MINNEAPOLIS MN 55411 | DESTINEE WOODRIS | RESIDENTIAL | $237,700 | 165 ft |
| 1337 THOMAS AVE N MINNEAPOLIS MN 55411 | JILL MARIE VANHYFTE | RESIDENTIAL | $138,000 | 168 ft |
| 1400 UPTON AVE N MINNEAPOLIS MN 55411 | ALAN L STARR | RESIDENTIAL | $197,000 | 175 ft |
Most Recent Sale
Current Tax Year