Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
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 3,041 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1505 RUSSELL AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | RESIDENTIAL-TWO UNIT | $495,000 | 44 ft |
| 1425 RUSSELL AVE N MINNEAPOLIS MN 55411 | SHELAYA GLASS | RESIDENTIAL | $183,400 | 44 ft |
| 1509 RUSSELL AVE N MINNEAPOLIS MN 55411 | YUSUF IBRAHIM | RESIDENTIAL | $261,000 | 88 ft |
| 1419 RUSSELL AVE N MINNEAPOLIS MN 55411 | GEORGE H VEITH III ET AL | RESIDENTIAL | $214,700 | 88 ft |
| 1511 RUSSELL AVE N MINNEAPOLIS MN 55411 | BEAU LARSON | RESIDENTIAL | $295,000 | 132 ft |
| 1415 RUSSELL AVE N MINNEAPOLIS MN 55411 | HAKIM & BEVERLY P PROPES | RESIDENTIAL | $353,000 | 132 ft |
| 1426 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KAREN PERAULT-BOUGHTON ET AL | RESIDENTIAL | $188,000 | 143 ft |
| 1500 SHERIDAN AVE N MINNEAPOLIS MN 55411 | TIBBIA LLC | RESIDENTIAL | $177,900 | 146 ft |
| 1422 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MARIE MARTIN | RESIDENTIAL | $170,900 | 152 ft |
| 1506 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PAMELA ANN HILL | RESIDENTIAL | $200,900 | 158 ft |
Most Recent Sale
Current Tax Year