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.
3 permits on record since 2022 · $5K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
WINDOW WORLD
THE HOME DEPOT
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 2,668 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1519 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JAMES T FULLER JR & R FULLER | RESIDENTIAL | $300,200 | 40 ft |
| 1511 SHERIDAN AVE N MINNEAPOLIS MN 55411 | R S BEAULIEU-BANKS ET AL | RESIDENTIAL | $296,000 | 40 ft |
| 1523 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KELLEY YOUNT | RESIDENTIAL | $299,000 | 80 ft |
| 1507 SHERIDAN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 80 ft |
| 1527 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DAN M FERNANDEZ VINANZACA | RESIDENTIAL | $147,800 | 120 ft |
| 1503 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KIM HUE TRAN | RESIDENTIAL | $241,300 | 120 ft |
| 1514 THOMAS AVE N MINNEAPOLIS MN 55411 | MARLA BONNER | RESIDENTIAL | $391,000 | 142 ft |
| 1510 THOMAS AVE N MINNEAPOLIS MN 55411 | GLYNN L JOHNSON | RESIDENTIAL | $240,300 | 148 ft |
| 1518 THOMAS AVE N MINNEAPOLIS MN 55411 | ROBIN A MIRTICA | RESIDENTIAL | $264,000 | 148 ft |
| 1427 SHERIDAN AVE N MINNEAPOLIS MN 55411 | LEEANN SUDDUTH | RESIDENTIAL | $180,000 | 160 ft |
Most Recent Sale
Current Tax Year