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 2024 · $12K total declared value · Most recent: Jun 2024 (misc)
KNM MN MX CONSTRUCTION LLC
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 2,827 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1312 UPTON AVE N MINNEAPOLIS MN 55411 | E WARHOLM-WOHLENHAUS ET AL | RESIDENTIAL | $257,200 | 42 ft |
| 1320 UPTON AVE N MINNEAPOLIS MN 55411 | L J PETERSON & T PETERSON | RESIDENTIAL | $199,000 | 42 ft |
| 1324 UPTON AVE N MINNEAPOLIS MN 55411 | COLLEEN S EVANS | RESIDENTIAL | $213,900 | 84 ft |
| 1328 UPTON AVE N MINNEAPOLIS MN 55411 | L MENJIVAR & H M BARZALLO | RESIDENTIAL | $364,000 | 126 ft |
| 2622 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | S BARDWELL & M BARDWELL | RESIDENTIAL | $497,000 | 136 ft |
| 2616 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | POR THAO | RESIDENTIAL | $270,000 | 141 ft |
| 1317 THOMAS AVE N MINNEAPOLIS MN 55411 | CHENG YANG | RESIDENTIAL | $321,000 | 142 ft |
| 2626 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | C BLACK & D BLACK | RESIDENTIAL | $276,000 | 143 ft |
| 1321 THOMAS AVE N MINNEAPOLIS MN 55411 | ASHLEY AUSETH | RESIDENTIAL | $230,000 | 148 ft |
| 1311 THOMAS AVE N MINNEAPOLIS MN 55411 | T L LANDON & C H LANDON | RESIDENTIAL | $281,100 | 149 ft |
Most Recent Sale
Current Tax Year