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.
2 permits on record since 2024 · Most recent: Dec 2024 (res)
Metro Heating & Cooling LLC
Metro Heating & Cooling 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 2,843 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1344 RUSSELL AVE N MINNEAPOLIS MN 55411 | NICK KOZAK | RESIDENTIAL | $238,000 | 42 ft |
| 1350 RUSSELL AVE N MINNEAPOLIS MN 55411 | ORA HOKES | RESIDENTIAL | $197,000 | 42 ft |
| 1340 RUSSELL AVE N MINNEAPOLIS MN 55411 | S G P CHUMA & M N L GUASCO | RESIDENTIAL | $317,000 | 84 ft |
| 1336 RUSSELL AVE N MINNEAPOLIS MN 55411 | JEREMY SIMS & J D SIMS | RESIDENTIAL | $209,600 | 126 ft |
| 1347 QUEEN AVE N MINNEAPOLIS MN 55411 | RICHARD A ISLE | RESIDENTIAL | $229,700 | 142 ft |
| 1400 RUSSELL AVE N MINNEAPOLIS MN 55411 | DEON D HOWARD | RESIDENTIAL | $264,600 | 143 ft |
| 1353 QUEEN AVE N MINNEAPOLIS MN 55411 | CHUE YENG THAO | RESIDENTIAL | $246,000 | 148 ft |
| 1343 QUEEN AVE N MINNEAPOLIS MN 55411 | GEORGE B WRIGHT | RESIDENTIAL | $172,300 | 149 ft |
| 1339 QUEEN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 166 ft |
| 1332 RUSSELL AVE N MINNEAPOLIS MN 55411 | LARRY L NABER & WIFE | RESIDENTIAL | $138,000 | 168 ft |
Most Recent Sale
Current Tax Year