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.
4 permits on record since 2019 · $4K total declared value · Most recent: Jan 2025 (existres)
Hero Home Services LLC
Hero Home Services LLC
Linn Star Transfer Inc
MINNE-MEX 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 2,843 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1317 RUSSELL AVE N MINNEAPOLIS MN 55411 | DAVID T LEE | RESIDENTIAL-TWO UNIT | $287,900 | 42 ft |
| 1321 RUSSELL AVE N MINNEAPOLIS MN 55411 | SHARON RAE PRESLEY | RESIDENTIAL | $279,000 | 84 ft |
| 2404 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | SHIRLEY JEAN JONES | COMMERCIAL-PREFERRED | $227,000 | 94 ft |
| 2400 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | G ROBERTS & B A ROBERTS | COMMERCIAL-PREFERRED | $289,000 | 103 ft |
| 2408 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | AMY A SMITH | APARTMENT | $303,000 | 106 ft |
| 1323 RUSSELL AVE N MINNEAPOLIS MN 55411 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $263,300 | 126 ft |
| 2412 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | P D HURCKMAN & C L HURCKMAN | RESIDENTIAL | $395,000 | 133 ft |
| 1312 SHERIDAN AVE N MINNEAPOLIS MN 55411 | SELENA T MCKNIGHT | RESIDENTIAL | $262,200 | 142 ft |
| 1316 SHERIDAN AVE N MINNEAPOLIS MN 55411 | RAMON GARCIA | RESIDENTIAL | $154,000 | 149 ft |
| 1320 SHERIDAN AVE N MINNEAPOLIS MN 55411 | T L THOMAS & N M THOMAS | RESIDENTIAL-TWO UNIT | $341,400 | 166 ft |
Most Recent Sale
Current Tax Year