ParcelLens
Property Intelligence · Twin Cities
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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.
5 permits on record since 2024 · $45K total declared value · Most recent: Aug 2024 (addition)
Cordoba Cleaning and Services LLC
City Master Co
STERN HEATING AND COOLING INC
STERN HEATING AND COOLING INC
CenterPoint Energy Resource Corp
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
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 2,672 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1406 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JEROME D TIMM | RESIDENTIAL-TWO UNIT | $417,400 | 40 ft |
| 1414 SHERIDAN AVE N MINNEAPOLIS MN 55411 | ISAYA F KIBIRA | RESIDENTIAL | $246,300 | 40 ft |
| 1400 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PLIA THAO | RESIDENTIAL | $285,000 | 80 ft |
| 1418 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TR | — | $235,400 | 80 ft |
| 1422 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MARIE MARTIN | RESIDENTIAL | $170,900 | 120 ft |
| 1409 RUSSELL AVE N MINNEAPOLIS MN 55411 | WILLIAM SAMUELS | RESIDENTIAL-TWO UNIT | $331,300 | 143 ft |
| 1415 RUSSELL AVE N MINNEAPOLIS MN 55411 | HAKIM & BEVERLY P PROPES | RESIDENTIAL | $353,000 | 149 ft |
| 1407 RUSSELL AVE N MINNEAPOLIS MN 55411 | CHAI VANG | RESIDENTIAL | $282,000 | 149 ft |
| 1426 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KAREN PERAULT-BOUGHTON ET AL | RESIDENTIAL | $188,000 | 160 ft |
| 1401 RUSSELL AVE N MINNEAPOLIS MN 55411 | JOLENE E GLASPIE | RESIDENTIAL | $333,000 | 164 ft |
Most Recent Sale
Current Tax Year