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 ↗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.
12 permits on record since 2020 · $143K total declared value · Most recent: Sep 2023 (res)
CenterPoint Energy Resource Corp
Flameback Builders LLC
BKMC
MESPO HEATING AND COOLING INC
Heating and Cooling Design Inc
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 |
|---|---|---|---|---|
| 1324 UPTON AVE N MINNEAPOLIS MN 55411 | COLLEEN S EVANS | RESIDENTIAL | $213,900 | 42 ft |
| 1332 UPTON AVE N MINNEAPOLIS MN 55411 | TARI C SUDDUTH | RESIDENTIAL | $175,000 | 42 ft |
| 1320 UPTON AVE N MINNEAPOLIS MN 55411 | L J PETERSON & T PETERSON | RESIDENTIAL | $199,000 | 84 ft |
| 1336 UPTON AVE N MINNEAPOLIS MN 55411 | JESUS GUTIERREZ DIEGO | RESIDENTIAL | $225,100 | 84 ft |
| 1316 UPTON AVE N MINNEAPOLIS MN 55411 | S J SCHELLER & J SCHELLER | RESIDENTIAL | $263,500 | 126 ft |
| 1340 UPTON AVE N MINNEAPOLIS MN 55411 | COURTNEY COLEMAN | RESIDENTIAL | $149,000 | 126 ft |
| 1329 THOMAS AVE N MINNEAPOLIS MN 55411 | P YOUNG & Z MIKULAK | RESIDENTIAL | $271,300 | 142 ft |
| 1331 THOMAS AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 148 ft |
| 1325 THOMAS AVE N MINNEAPOLIS MN 55411 | NOLAN VAN GAALEN ET AL | VACANT LAND-RESIDENTIAL | $22,000 | 149 ft |
| 1337 THOMAS AVE N MINNEAPOLIS MN 55411 | JILL MARIE VANHYFTE | RESIDENTIAL | $138,000 | 165 ft |
Most Recent Sale
Current Tax Year