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.
2 permits on record since 2020 · $10K total declared value · Most recent: Jan 2024 (res)
CenterPoint Energy Resource Corp
Minnesota Roof Contractors
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 2,828 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1316 THOMAS AVE N MINNEAPOLIS MN 55411 | BRETT KIDD | RESIDENTIAL | $310,000 | 42 ft |
| 1310 THOMAS AVE N MINNEAPOLIS MN 55411 | KIMBERLY A DURENE | RESIDENTIAL | $219,800 | 54 ft |
| 1318 THOMAS AVE N MINNEAPOLIS MN 55411 | JULIE B & DON VANG | RESIDENTIAL-TWO UNIT | $275,000 | 84 ft |
| 1306 THOMAS AVE N MINNEAPOLIS MN 55411 | GRANT ARMOUR | RESIDENTIAL | $216,400 | 93 ft |
| 2514 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | LYNETTE E BRADLEY | RESIDENTIAL | $183,600 | 118 ft |
| 1324 THOMAS AVE N MINNEAPOLIS MN 55411 | MUSE M ALI | RESIDENTIAL | $279,600 | 126 ft |
| 1300 THOMAS AVE N MINNEAPOLIS MN 55411 | MARIAN E BURCH BUTLER | RESIDENTIAL | $198,400 | 133 ft |
| 1313 SHERIDAN AVE N MINNEAPOLIS MN 55411 | ANDREW DOUCETTE | RESIDENTIAL | $199,800 | 142 ft |
| 2510 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | LUPITA G EASLEY | RESIDENTIAL | $358,000 | 144 ft |
| 1317 SHERIDAN AVE N MINNEAPOLIS MN 55411 | GARY COOPER JR | RESIDENTIAL | $383,000 | 148 ft |
Most Recent Sale
Current Tax Year