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.
4 permits on record since 2020 · $27K total declared value · Most recent: Apr 2025 (misc)
SELA ROOFING AND REMODELING INC
SELA ROOFING AND REMODELING INC
CenterPoint Energy Resource Corp
HIGH CALIBER CONSTRUCTION LLC
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 2,672 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1506 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PAMELA ANN HILL | RESIDENTIAL | $200,900 | 40 ft |
| 1514 SHERIDAN AVE N MINNEAPOLIS MN 55411 | BOEVI A LAWSON-BODY | RESIDENTIAL | $168,100 | 47 ft |
| 1500 SHERIDAN AVE N MINNEAPOLIS MN 55411 | TIBBIA LLC | RESIDENTIAL | $177,900 | 80 ft |
| 1520 SHERIDAN AVE N MINNEAPOLIS MN 55411 | BEE VUE | RESIDENTIAL | $276,000 | 98 ft |
| 1426 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KAREN PERAULT-BOUGHTON ET AL | RESIDENTIAL | $188,000 | 120 ft |
| 1509 RUSSELL AVE N MINNEAPOLIS MN 55411 | YUSUF IBRAHIM | RESIDENTIAL | $261,000 | 144 ft |
| 1511 RUSSELL AVE N MINNEAPOLIS MN 55411 | BEAU LARSON | RESIDENTIAL | $295,000 | 145 ft |
| 1524 SHERIDAN AVE N MINNEAPOLIS MN 55411 | LINDA MARIE ELLIS | RESIDENTIAL | $167,100 | 148 ft |
| 1505 RUSSELL AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | RESIDENTIAL-TWO UNIT | $495,000 | 156 ft |
| 1517 RUSSELL AVE N MINNEAPOLIS MN 55411 | TAMMY CARLSON | RESIDENTIAL | $246,100 | 159 ft |
Most Recent Sale
Current Tax Year